risen $47,000 a second approaching the current limit of $16.4 trillion. house democrats say republicans are using the debt ceiling deadline as a means of blackmail, threatening the nation s financial stability. the debt limit is an unnecessary legislative hurdle that has proven to be both an ineffective means of controlling deficits, and a danger to this country s standing in the world financial markets. we must not permit and artificial debt ceiling to throw the country into default and our economy into chaos and depression, which is exactly what the republicans are threatening to do. jon: some conservative groups warn that removing the limit is a recipe for economic disaster, as we re seeing now in greece. the leaders of heritage action family research council and club for growth writing in an op ed they want congress to balance the budget within ten years and keep it balanced. quote, no american should have to tell an eight-year-old child
are telling him to do. you authorize the spending and he s got to pay the bills. and so now you re saying he can t borrow the money. no, we ve got to make sure we prioritize the payment of the 16.4 trillion dollars that this government owes, but we have to solve the problem. we don t need just the deal. we actually have to solve the problem and the way you solve that problem is it cut up the credit card and slow the spending to a point where you actually cut into the deficit and pay off the debt. you know what i didn t like today. i thought it was annoying, he may have to slow down social security payments if and tell you why, there s never any suggestion maybe congress shouldn t be paid salaries, the senate not be paid salaries, the president not be paid salaries, cut down on air force one. your constituent payment to go home on commercial aircraft, instead stay here and save money on travel and get the job done. there s any discussion of the politicians to take the hit it s the
are telling him to do. you authorize the spending and he s got to pay the bills. and so now you re saying he can t borrow the money. no, we ve got to make sure we prioritize the payment of the 16.4 trillion dollars that this government owes, but we have to solve the problem. we don t need just the deal. we actually have to solve the problem and the way you solve that problem is it cut up the credit card and slow the spending to a point where you actually cut into the deficit and pay off the debt. you know what i didn t like today. i thought it was annoying, he may have to slow down social security payments if and tell you why, there s never any suggestion maybe congress shouldn t be paid salaries, the senate not be paid salaries, the president not be paid salaries, cut down on air force one. your constituent payment to go home on commercial aircraft, instead stay here and save money on travel and get the job done. there s any discussion of the politicians to take the hit it s the
congress has something like a single digital approval level. chuck hagel has a 95% chance of getting his nomination through. brennan and lew have higher percentage than that. what the republican party has been doing up to this point is saying that they have a fight with pretty much every single one of president obama s nominations. not because they are not qualified or not because they are conservative enough. we are talking about republican nominations just because they are people who have been nominated by the president. i couldn t disagree with you more. i couldn t disagree with you more. the bottom line president obama has shown himself to be a combative president and no interest in bipartisan compromise. these picks shows that nuclear iran is a threat to israel and he doesn t seem to think we need to put in checks important spending $16.4 trillion debt.
the fact is historically presidents have had the opportunity to choose the people they want for the cabinet post barring some rare situation. harriet miers nomination of supreme court. the things that congress could learn, don t fight for the sake of fighting. senate republicans need to scrutinize the picks and carefully and wisely let s get to the point. the president does not think iran is a threat to the israel and he has no interest in cutting spending in $16.4 trillion debt, basically the cost of gutting the military. president obama needs to get serious about structural entitlement reform and i hope that is what these hearings point out. arthel: i m out of time.