Page 22 - Debt Limits News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And good morning to mr. chaffetz. the deadline was may, then it was july, now it's august. what's going to happen here? >> they just keep pickup trucking this! we can't keep doing this. there are those of us that have urgency, we say hey, we've got to deal with this now and make major changes. bill: what are the changes going to be when harry reid says you'd have to be, quote, out of your minds not to raise debt limits and you've got others saying listen, john boehner's idea is to do the following. for every dollar you've cut in government spending, we'll raise the debt ceiling or raise the li...

Although there is a federal investigation now ford has not issued a recall. president obama will meet with senate democrats this afternoon and with senate republicans on thursday. all ways to discuss how to cut the government's deficit. but last night in new york, one republican demanded trillions in cuts, he wants them now. senior washington editor rick klein explains. >> reporter: house speaker john boehner is escalating the battle over spending before it gets under way in ernest. now there is two important points here. one, boehner says unequivocally no increase in the debt limit without ...

Many different ways, but, the medical ones are the ones which are normally used because they are the clearest and, that is what will happen, and it willen e-be an interesting question to see how long it takes, in the case of padre pio it took three years and we talked to some people who are involved in this and they say in the case of john paul they probably don't want to rush it. it could be three years and could be five, but, certainly, in the people in the crowd today, you didn't get any sense that he's not a saint, they expect it to happen, at this point. it is just a question of when. >> ...

>> does walker want to do this in wisconsin? >> well, in a sense walker already is doing this. now, he may not implement the same sort of law as rick snyder in michigan but governor walker has proposed in his budget to take away the power of local school boards to make decisions with regard to charter schools, to take away the power of town boards, which really cover most of wisconsin's land, to set their debt limits, and to really take away most of the authority of local government to make decisions about labor contracts. so the truth of the matter is the governor of wisconsin is already doin...

In wisconsin? >> well, in a sense walker already is doing this. now, he may not implement the same sort of law as rick snyder in michigan but governor walker has proposed in his budget to take away the power of local school boards to make decisions with regard to charter schools, to take away the power of town boards, which really cover most of wisconsin's land, to set their debt limits, and to really take away most of the authority of local government to make decisions about labor contracts. so the truth of the matter is the governor of wisconsin is already doing many of these things. he hasn...