Page 13 - Debt Increase News Today : Breaking News, Live Updates & Top Stories | Vimarsana

An oil guy. >> magic number is 218. we're trying to get 218 votes and at the same time, trying to save enough money to offset the -- we feel strongly about. texans do not want the government to pass debt on to our kids, nor do i. we're looking for a way to offset that debt increase dollar for dollar. >> is boehner buying votes. >> of course not. this is a matter of principle. this is a matter of core principle. i mean, you've got great ideas that a have passed the house that conservatives believe in as a matter of principle. by putting the different ideas together on the debt ceiling bill, chr...

To our kids. nor do i. so we're looking for a way to offset that debt increase at least dollar for dollar. >> is boehner buying votes? >> of course not. no, no, no. this is a matter of principle. this is a matter of core principle. you've got great ideas that have passed the house that conservatives believe in as a matter of principle. and by putting these different ideas together on the debt ceiling bill, chris, they're matters of principle. i think that's a great idea and that might help cause me to support -- >> what's the principle of exploiting federal lands for oil and gas? what's the pr...

With george bush, and for them it was not obama care, it was the iraq war and they dug in against the president on the iraq war andoused the debt ceiling increase as lack of leadership and failure in iraq and now the republicans are doing him that. and the turn about is taking us down a dangerous cul-de-sac. bee haven't had a budget for all of these years including when the democrats were in control of washington. and therefore, the debt increase and spending is totally uncoupled and who knows? >> i read the transcript of what the president was saying. it sounds like he was saying to them, i a...

We have never defaulted. and we must never default. martha: there you have it from jay carney at the white house. bob beckel, former democratic campaign manager co-host of "the five." brad blakeman former deputy assistant to president george w. bush. you have to pay the bills, brad and bob, and there's just no negotiating on that and there is no deciding when you do pay the bells it might make some sense to rein in some of your spending going forward because you're racking up a big credit card. brad, you want to take crack at it first. >> brad, i'm sorry, go ahead you take a crack at it. >> th...

Aaa. people realize after that, all right, we're no longer aaa. what's bad about that is we sort of set our aspirations lower and we sort of acted that way. >> well, maybe so, but perception, you know, may sometimes be stronger than reality. but ultimately reality kicks in. look, we've already seen the treasury bills up -- or the 10-year note up a full percent. that's a big cost to us financing this $17 trillion. we don't even know how much of a debt increase -- or ceiling increase they're asking for. >> we should explain that, craig. you're a genious, but when you have $17 trillion and the ba...