Page 2 - Debt Thing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Have to do this, get this foolishness, this debt thing out of the way. it has been in the way back in 2011, we came within 72 hours of a debt crisis. the result of that was ten years of sequestration in which the budget of the united states was seriously hindered and reduced compared to inflation. now, it appears as though the republicans will go back and play that same play once again using the debt limit for restrict appropriations into the future. at the same time they are demanding a 5% increase in military spending while looking to a 20% cut on everything else. and also keep in mind that ...

>> it gets better. they're going to tax the oil companies. they're going to tax fossil fuels. they have a methane tax. some of these left wing progressives want carbon emissions taxes, want to stop imports of energy. one thing after another. so it's no wonder his polls are plunging like a rock on every single subject right now, whether it's spending, taxing, inflation, gasoline at the pump. you name it. america is teed off, martha. >> martha: i hear you. >> that's my best analytic. >> martha: i have to let you go but i want another quick question here. on this debt ceiling issue and mitch mcco...

>> cleanest dirtier shirt in the closet. >> and buying bonds, investors are willing to own foreign debt at a negative term. a yield, 2%, how can people lend money to the government at 2% with all of this deabt. that's a break even. >> we might head down there at the rate we're doing. would i say if we weren't borrowing a trillion a year, we would be at 1 or a 1/2%. >> and it's the care that. neil: and the whole thing blows up with the debt thing. does that enter into your equation when you advice people? >> not right now. even this week, the semiconductors stocks, i'm salivating to go in and b...

Could argue maybe that's why they are doing it too. >> maybe. and don't, as the adage said, don't throw stones if you live in a glass house. he and his team have been shirking the rules since the beginning so this should be no surprise and no consequence for doing this electorally. >> marry kathryn, president trump is going to visit puerto rico next week. you responded you seemed disappointed by some of the tweets president trump sent out when he was hammering puerto rico saying texas and florida doing great but puerto rico, which was already suffering from old electrical grid, much of the isl...

Who are frightened to death of what's going to happen to the national debt? >> michael, michael, michael, that debt thing. that little pesky debt thing. what debt? we don't have a debt. i can't believe what i'm hearing coming out of republican corn s corners, when they talk about the level of spending the administration has in its head. we've gone from a trillion in infrastructure to almost $2 trillion in the president's own words. you have the health care piece, a lot of the mandates in obamacare will stay there, in the new health care bill there's a tax cut to that. the reality of 1986 -- bi...