Page 6 - Future Spending News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> it's great to be back with you. while there may not be that many legislative session days scheduled between now and may 31st, raising the debt ceiling is one of those things unlike passing a budget bill, it's quite simple. it only takes a paragraph. you could pass it in a day. there's plenty of time between now and june 1st. in terms of negotiations, we democrats have been clear. when it comes to paying america's bills, there can be no negotiation on that. we have to pay our bills. we have to raise the debt ceiling. we have done it 103 times since 1940. the majority happened under republica...

Scott. this was a big move, narrowly passed by a couple votes. limit save grow act, which would give one and a half trillion dollar increase to the federal debt limit, claw back on unspent covid-19 funds, 1% cap on future spending, produce more incentives for oil and gas. biden has responded to this verbally, calling it whacko and irresponsible. but there's been nothing that even resembles an official response back to the speaker. incumbent on the president, now that the house has passed this, to actually pick up the phone and begin negotiations? >> should have started before they even passed ...

With 65% of voters saying they want congress to raise the debt ceiling only with restraints on future spending. let's bring in our panel, columnists dan henninger and kim stressing and editorial board member mane. you know whacko when you see it. [laughter] in exchange for raising the debt limit, what republicans are asking for, is that whacko? >> not whatsoever,ring, paul, and joe biden knows that that as well as any of us. republicans having spent months clinting what their opening offer -- deliberating what their opening offer is going to be, and what they finally came out with this week wa...

The january jobs report showed strong growth with the creation of roughly 517,000 new jobs, and the unemployment rate dropping to 3.4%. but the economy at large is still in a precarious spot, as the republican-led house continues to hold the debt ceiling hostage. president biden met with house speaker kevin mccarthy at the white house on wednesday to discuss lifting the country's borrowing limit, and in a statement released after the meeting, the white meat house made it clear that biden would not negotiate after the limit, but welcomes a separate conversation of how to reduce spending, unteth...

Or to pay federal workers or obligations to pay social security benefits. that is the stuff of banana republics. and that he's not going to engage in any of that stuff. i advise him to basically insist that congress do its job and approve the borrowing to finance the spending it has already both authorized and appropriated. i think he should be staying very strong. will there be any cosmetic things affecting looking at future spending. maybe there will be. but fundamentally, this is nothing something where you there should be bargaining. you could debate who will win the game of chicken, what ...