Page 45 - Debt Issue News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And if all we do is go in 3-4 weeks and extend the debt limit and do nothing else the world will say, america and its political leadership is not serious about dealing with the incredible issue, and the fact their government continues to spend money it doesn't have. >> chris: but aren't you pulling the same stunt if you will, that barack obama did when he was a senator in 2006 and he voted against increasing the debt limit and knew other senators would do the right thing and he could make the political gesture and keep the country out of default. >> first of all, thank you for reminding the vi...

If all we do it extend the debt limit again and do nothing else, the world will look at us and say america and the political leadership is not serious about dealing with the critical issue and in fact the government continues to spend money it doesn't have. >> chris: aren't you pulling the same stunt, if you will, that barack obama did when was a senator in 2006 when voted against increasing the debt limit but knew that other senators would do the right thing so he could make his political gesture but they could keep the country out of default? >> i want to thank you for reminding the viewers ...

1.6% of a $3.7 trillion budget, then we are in big trouble as we try to tackle the huge mounting debt that we have, a debt that's $14 plus trillion now and going to be 21 or $22 trillion in the next decade if we don't take some very strong action. >> senator crapo, you are in the secret discussions of the so-called gang of six to take on the debt and long-term debt issue. is everything on the table in those discussions, and by everything, i mean tax increases? >> i would say everything is on the table, but i think there's going to be tremendous debate over many parts of the issue. if you take ...

Trillion budget. and you know, if we can't cut 1.6% of a $3.7 trillion budget, then we are in big trouble as we try to tackle the huge mounting debt that we have, a debt that's $14 plus trillion now and going to be 21 or $22 trillion in the next decade if we don't take some very strong action. >> senator crapo, you are in the secret discussions of the so-called gang of six to take on the debt and long-term debt issue. is everything on the table in those discussions, and by everything, i mean tax increases? >> i would say everything is on the table, but i think there's going to be tremendous de...

Trillion budget. and you know, if we can't cut 1.6% of a $3.7 trillion budget, then we are in big trouble as we try to tackle the huge mounting debt that we have, a debt that's $14 plus trillion now and going to be 21 or $22 trillion in the next decade if we don't take some very strong action. >> senator crapo, you are in the secret discussions of the so-called gang of six to take on the debt and long-term debt issue. is everything on the table in those discussions, and by everything, i mean tax increases? >> i would say everything is on the table, but i think there's going to be tremendous de...