Debt Sky Rocket News Today : Breaking News, Live Updates & Top Stories | Vimarsana

washington where things stand with our chad pergram. hi, chad. >> neil, good afternoon. the house freedom caucus just took a formal position in the debt ceiling debate. it endorses the bill passed by the house in april. the caucus says "there should be no further discussion until the senate passes the legislation." >> the house bill, we passed it. that is the mechanism right now sitting there that there's 11 democrats in the senate and the democratic president of the united states that stand between that bill and it becoming law. >> it was thought that house speaker kevin mccarthy wo...

The debt sky rocket, increasing by over $150 billion this fiscal year over last year. that's about half of what we spend on veterans in any given year going up in smoke just to pay our interest on the debt. we got to bring the debt down as we look at clawing back covid funds, which should be one of the lowest hanging fruits in this entire negotiation. let's put down payments on reducing future interest on the debt. >> neil: so you want to take that money, use to it pay off the death. democrats will say we'll reprioritize it for spending elsewhere. that is a nonstarter for you then. >> i think ...