Page 15 - Debt Limits News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Well either. >> both things are true. i don't think it's the right thing to do. if i were advising obama and i don't and he won't listen to me, i would say, you know what? call their bluff. sit with them. let's negotiate. he's saying i'm ready to talk to them and see what they want afterwards. what's the difference between afterwards? there's nothing wrong with negotiation. >> there is something wrong. you know what creates uncertainty? uncertainty in the markets forever. you know what creates uncertainty? the idea we're going to spend a lot of time negotiating over the debt limits. if you car...

Get behind that? >> i don't see that happening. here is the problem, we have the president out there for the past couple days saying let's talk, i'll talk about anything, health care, the economy, jobs. but he can't say that with a straight face while at the same time he's saying well, i'm not going to have any kind of negotiation unless we have a clean funding -- spending bill and we raise the debt limit. as dana said, legislation is about negotiating and we can't continue to seriously have everyone come to the table when there is no table. there is no chairs. there is no place to start from ...

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Something that every president in modern history has had to contend with. >> every president in modern history has negotiated over a debt limit. debt limits have been used to force big policy changes. >> there is exactly one speaker in modern history who has seriously tried. by exactly one speaker of the house and that speaker of the house is not speaking the truth. here once begin. >> this is something routine. it has been done more than 40 times since ronald reagan is president.

The slightest slightest rewrite. and it would be this. no president in modern history has ever had to seriously negotiate over a debt limit. debt limits have never been used to force big policy changes in washington. there it is. that's all you have to do. raising the debt ceiling was never once seriously in doubt. yes, there are some stories in the past of people trying some stunts but did not work. but they never created a minute of doubt that the debt ceiling would be raised. including that stunt made by ted kennedy and walter mondale to