Page 2 - Prospecf Default News Today : Breaking News, Live Updates & Top Stories | Vimarsana

We agree default is disruptive and should not be on the table. the debt problems are much more long term. these are structural problems with our entitlements and other spending programs that's driving our debt and deficit. those will take some time to hammer out which is why in 2011 you saw the two side try to do a grand bargain. the president won, he got his way on the fiscal cliff and sequestration. john boehner has said if we are going to solve this problem let's get both people at the table talking. the president refused to do so. >> democrats have agreed to stay sat see cress traition lev...

It's hard to keep track of what's going on. yesterday john boehner said that we were basically head for a default if we don't reach a deal on the government shutdown. so you have john boehner saying we are heading for default and rand paul saying the president is fear mongering. martha: after president reagan said that they came to an agreement after negotiation by both side. we have seen a long history of negotiating over these debt ceiling issues so each side gets some of what they want to straighten out of the long-term economic picture. >> you mentioned president reagan. the package was sw...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.