Page 3 - Deficit Ceiling News Today : Breaking News, Live Updates & Top Stories | Vimarsana

They had to watch for money every six months and that's what they're doing it. that's what the united states did. so that go ahead by 2012 and that involves raising the deficit ceiling. how much money we can borrow. so paul ryan has been extremely busy and joining us in seven minutes and he'll be giving us details on the $100 billion of cost cutting that he's going to be submitting going forward for this year. put forward on march 5th. it doesn't seem like the president is going to be embracing this. >> on capitol hill today, they're going to debate how exactly they're going to funneled the go...

Wanted to position himself last night as the compromise guy but i think he is doing that because he knows there is going to be a confrontation down the road. the republicans, especially, the new republicans that were elected last year who are in the house now have made it clear they want to have a showdown with the president over spending, over the deficit, whether it is the issue of the deficit ceiling or the issue of funding for health care, perhaps funding for social security and medicare and popular programs like that. i think what obama was taking the opportunity to do last night was to s...

With fights over the deficit ceiling, a government shut down looming. john boehner quit a few weeks ago. the man who many thought would be nominated for the job quit last week, another shocker. and now a third congressman who seems to have a majority of house members behind him says he's just not sure. or maybe he knows and we just don't know it yet. drama. we've learned everyone from friends of the house to former presidential candidate mitt romney have reached out to congressman ryan. but not everyone thinks it's a no-brainer for ryan to jump at being the house speaker. newt gingrich said ry...

Households making $250,000 or less, it's $150 billion added to the deficit. it's $850 billion if you extend them for all earners. the question is again, is there going to be a day when these are allowed to expire, when the idea of an impermanent tax cut seems to be political kryptonite? or the idea of ending a tax cut and whatever expires. >> yeah, i think that that's up for grabs. i do think this is a very, very smart pivot, though, off the jobs situation. getting out in front of this issue now is crucial, because we've all heard about this fiscal cliff we're moving towards tend at the end of...

My job as president is to make this economy better. but you know what, ed, it comes down to this real simple. three years ago, rush limbaugh said this, he summed it up when he said i hope obama fails and behind him came mitch mcconnell, he said basically the same thing. i hope he fails in health care, i hope he fails getting bin ladin. i hope he fails working out a budget and solving the deficit ceiling. they're out to make him fail. he did what an adult should do, said i'm going to go forward. >> we can only imagine what the reaction would have been if nancy pelosi pulled this on george bush ...