Spending caps in debt ceiling deal could be raised later, history shows
While any debt ceiling bill is now expected to feature caps on federal spending, history shows that those limits might end up being increased in the years after the deal.
Stay updated with breaking news from Spending Cap. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
While any debt ceiling bill is now expected to feature caps on federal spending, history shows that those limits might end up being increased in the years after the deal.
Criticism of what they think and what they hear is being negotiated in these conversations. their reaction upon reading this language when it is developed is going to be critical to getting this across the finish line in now less than a week. >> sahil, talk to us. we're six days out as allie just mentioned. we're looking at a memorial day weekend, right? business closed for monday. what is the expectation when it comes to deal making for folks on capitol hill over the weekend? >> mccarthy said he's staying through the weekend. his chief negotiator congressman garrett graves was around last nig...
Treasury Secretary Janet Yellen updates the date for a potential US debt default. Negotiators seek a bipartisan solution as the debt ceiling deadline approaches.
Things are like now with the negotiations over the debt ceiling. republicans calling for rolling back spending to previous year's levels and writing a spending cap into law. democrats are saying the republicans are holding the economy hostage. you served in the house, what would you advise them to do? which side? i think the republicans have done exactly the right thing. kevin mccarthy was able to get the republicans to pass a bill 30 days ago, significantly changing the dynamics. many people, many advisers, many pundits and many folks inside the building, including a lot of republicans, didn'...
Thank you so much for “oining us. ., , for more on the negotiations, i spoke to mick mulvaney. he was the director of the office of management and budget, before serving as the white house chief of staff during the trump administration. it's good to have you back on the show. let's start with where things are like now with the negotiations over the debt ceiling. republicans calling for rolling back spending to previous year's levels and writing a spending cap into law. democrats are saying the republicans are holding the economy hostage. you served in the house, what would you advise them to...