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FOXNEWSW FOX July 6, 2024



to avoid a monday default, simple majority needed in the house and senate. this is a two-year deal, that is hope, dream and handshake you will commit to spending caps. nobody gets everything they want in negotiation. take two trillion savings. ashley: lucas tomlinson has more from washington. good morning. lucas: good morning. more time to watch more racing. debt ceiling deal only passed by a single vote, it needs 218 to pass. speaker mccarthy is confident it will. see where things stand. one democrat, aoc and third of know ares are against the bill. here is some speaking out against it. sending one person into a room with another person and no cameras and they come out and say up or down, take it or leave it, that is not a good process. this is about increasing the credit card for prospective spending. this bill is smoke and mirrors, never are we talking about interest on existing debt. 32 trillion, one trillion is 30 billion. lucas: americans are over ....

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FOXNEWS FOX Friends First June 4, 2024 09:58:00

Split between who came out better between democrats and republicans on this? everybody hates this deal and that s why it s going to happen. i m going to tell you it s not enough spending cut. i get it. it certainly erased some of the programs that biden felt really passionately about. student dent gets resolved yes you have to pay back your student debt. you have to work if you are getting welfare. all these issues are around the edges. this deal just solves for the debt ceiling. it doesn t change much and doesn t really reduce the deficit. that s for more policy decisions over the next 18 months. i like what this is setting up. we are going right into the election cycle right after this. we are starting to see desantis, trump, other politicians start to use this debt ceiling as a springboard for new policy agenda. i think that s a good thing for the country. todd: speaking of which a wall street journal deadline says wall street dreads a biden-trump rematch and quotes a senior w ....

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