Page 21 - Spending Cap News Today : Breaking News, Live Updates & Top Stories | Vimarsana

U.s. trade deal. spending cap. they got to get an agreement on, debt ceiling increase as well. white house source saying things will inevitably cool down. there's a lot of that that can get done without a lot of interaction between the white house and congress. as of 2 p.m., this is pretty serious. >> dana: he is the decider indeed. john roberts, thank you. for reaction from the democratic leadership, mike emanuel is on capitol hill. schumer and pelosi left the white house, went straight microphone. >> reporter: no doubt about it, dana. good afternoon. speaker nancy pelosi continues talking ab...

Brinksmanship. it's about the president, how hard does he push the party, and you have to feel for mitch mcconnell because you know he's not in the same place when it comes to these issues. >> the president wants $750 billion, and the spending cap is $576. that's $174 billion apart. they said they would go to the operating fund, which is kind of a cheesy way to pay the debt. that's always been the hook, right? democrats and republicans have to get together. what's your sense right now of how the administration wants this done? >> it's interesting, they've requested a 5% increase in defense spe...

And that is by shifting the debate away from the shutdown and towards the sequester. so in december of this year, there is going to be automatic sequester of spending if congress doesn't act. if the president doesn't improve increasing the spending cap. the budget control out said that obama signed in 2011 is going to go into effect. and if trump doesn't agree to lift those spending caps, then there is going to be an automatic $55 billion reduction in domestic spending that democrats consider priority. there'll also be $71 billion cut in defense will not make conservatives happy. but democrats...

To border security and frankly when you look at the drugs -- leland: give me something he just said. but did he say i promise you i am not going to sign acr that doesn't have -- >> he said he would not find a bad deal. he deeply regrets having signed a very bad spending cap deal before and i think he's informed by that regret. leland: funding for border security is different than funding for the wall. is that the key here, and the semantic between chuck schumer saying you have to give up the wall, the border security is okay. >> we have to have a physical barrier. one of the challenges the dem...

Scott pruitt got there, they had one. as far as we know it's not broken. but he argued separate and apart from the the one they had, he needed one of his own. he needed to spend $43,000 of taxpayer money so he could have one next to his desk for epa security emergencies. today the government accountability office put out a report about his magic sound booth. they determined they broke the law because it did go over that $5,000 spending cap for changing stuff up in his office. but then they also arrived at a much more difficult to explain conclusion. that super pricy state of the art scif that ...