Page 3 - Spending Controls News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ground. i guess one way is to potentially negotiate on spending separately on the debt limit which is what biden said he wants to do. but for republicans that would have to be agreed to before they vote on the dead limit increase. they could try to keep the two happening but for republicans to ultimately vote on debt increase they'd need spending controls before that. they have little time to work out a deal on spending but that's my best guess to keep them on separate tracks. >> treasure rer secretary, you did hear her, it is appropriate to keep negotiations about spending priorities. she poi...

Debt defaulting. let's get it done now. i ask speaker mcconnell, leader mcconnell on the floor today, let's get it done today. there would be no democratic hold up. >> some concerned the republicans are wary about the bill because there are no spending controls. john kennedy is the republican senator from louisiana. he said he is not a know he's a hell now. they might need democratic senators who are away at the debates to come back and vote. there's only 65 house republicans who voted for it last week. democrats in the house, 219. i talked to the senate appropriation committee chairman richar...

Fashion even while he was reigning over the country. a couple things happened on his watch that shaped the politics we have now, the rise of talk radio, cable news was becoming more significant. he used to belly ache into his tape recorder all the time about what the talking heads were saying. and most importantly, the break among the house gop against his deal to get a budget, get spending controls, a deal that set -- with some higher taxes -- set the conditions for the prosperity of the 1990s in what was, i think, sort of the o.j. simpson bronco chase of modern partisansh partisanship. when ...

Economy and there are no spending controls. i'm serious about revenue. you can limit deductions to 40 or $50,000 a person, which takes care of the middle class, upper income americans will lose their deductions and raise about 800 billion dollars in revenue. but i'll only do that if we do entitlement reform and the president's plan, when it comes to entitlement reform is just quite frankly, a joke. so i don't think they're serious about finding a deal. >> brian: entitlement reform, there is no specifics. everything else is, they're very specific on what they want. which i found really disturbi...

Medicaid. and social security from imminent bankruptcy. it raises 1.6 trillion on the job creators. that will destroy economy. no spending controls. >> shannon: across the board, bad things are going to happen. both sides of this equation agree if we go over the cliff. senator graham seems convinced that is what is going to happen. >> i'm not convinced it would happen. but the road we are going down right now is more likely to happen. we can't avert it. but i hope that the republicans will not cave in to the democrat demands. more taxes, more spending, cuts later, because the cuts never happen...