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Nation on the line and now they are responsible for the second downgrade in our credit rating. houses are going to play out question of september you've got a lot of funding bills that seem to be on a rocky path at this point. >> earlier this year the house caucus a bunch of conservative entire republican conference and i bind a spending bill the 2022 levels that is to return bureaucracy to pre-covet spending levels of poles off the charts. but we have seen since memorial day when in fact a bad deal was cut another fortune dollars of borrowing was blessed by congress the president signed it, w...

Good saturday morning to you all, i'm katie phang. we start with a historic win for the country. united states will detect fall on its debt, avoiding a full blown economic meltdown. hours from now, president biden will sign the bipartisan debt limit bill into law. this major breakthrough comes after a monthlong showdown between republicans and democrats. the senate passed the deal in a 63 to 36 votes on thursday night. just days before the june 5th deadline. the agreement suspense the 31.4 trillion-dollar debt limit for two years, and sets new spending levels, and also fulfills a promise from ...

We are going to end up with is a situation where the extremists on both sides are upset, and that is actually a good moderate outcome for the country and we get to issue that. that is a good thing. >> what do you think about what they have had to compromise on? they are apparently going to keep spending levels the same, 2024, as they are for this year. they are still rambling about the pentagon budget. as natasha pointed out, they have lots of different priorities. they chose some that won't work for everybody. >> who knows what they had to give up in order to get what they wanted. i think tha...

Republicans to define the hiring or the doubling of the irs agents. why didn't they hold the line on that and i don't think it was unreasonable the republicans to say, we are going to go back to 2023 spending levels with the 1% baseline budgeting cap. to me, they were reasonable provisions. and i can understand people's anger at that. does -- is that a big issue for republicans, mr. speaker. >> as i understand it, and i went back to i thought congressman bishop was very effective on your show this afternoon. so effective that i went back to the speaker's staff and talking about some of those s...

$12 billion in order to raise $4 trillion, that answer is no. on a broader point, i think if you're going to talk about the spending under president trump, let's be clear, a big chunk of that was the c.a.r.e.s. act in response to covid-19. it was a unique experience, an emergency action, and so the position -- my position and a lot of house republicans position has been now that the covid pandemic is over, the federal agency should be able to go back to pre-covid spending levels. this bill actually keeps 2022 spending levels, which is not before the pandemic. >> so let's take a bottom line. ar...