Page 25 - Debt Limits News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

About how to fund government fwhl november 18th. the big usual you've about how much the government will spend through the fiscal year 2012, that was taken care of with debt limits. that's what has caused the government shut-downs in the past. with this amount of money, how much is appropriated to certain agencies. specifically in this debate. fema. and disaster relief. republicans say, look, we're going to give a billion dollars right away. $2.65 billion over the course of the year. that is more than the president requested from last year. and it is more than enough to do it this time around....

And it's, it's hard to say there won't be a problem. >> so this would be even though, even if there's a debt deal, we could still get a downgrade, because of the buildup in spending liability? is that it? >> that's right. standard & poor's has been the most explosive, saying even if there is a deal here, there could be a downgrade and it's bizarre, the rating agencies have held themselves out at merely an offering opinion about a risk. you wonder how a long-term default happens, assuming we keep raising the debt limits, but i think, what they're looking at is 10 trillion in publicly held debt....