actions. . developing right now, debate on the house floor of a cut, cap and balance act as a constitutional amendment to force congress to pass balanced budget. it s a beautiful piece of legislation that has absolutely no chance, a beautiful one in the sense of it s a nice construct for debate, and, really, partisan division. no chance whatsoever are being passed. more pro wrestling from washington. i m not worry about it. we don t have time to worry about it. they have time for the debates. what else is there to do? jobs, who needs it when you can have a fake debate with constituents. meanwhile we move closer to the august 2rd doomsday with no real plan to pay off america s credit card that was what jimmy said despite reported progress by the so-called gang of six and that may be encouraging. the president actually called those developments a significant step. we re in the same playing fields, and my hope is that we
a lead editorial says, there is no deadline. go right up to the edge is what they re saying. have the catastrophe and then they ll pick of the pieces. this is republican art. contribution let me tell you something, if we don t extend this before august 2rd we ll find ourselves in a deeper recession they re wean just escaping from. if we don t exceed than on august 2nd, interest rates are going up on government borrows and borrowing on average americans to bay car a home or expand a business. let me tell you that will be an economic catastrophe and we ll be faced with making hard choices in the month of august. have $170 billion suspend and overs 3ds 00 billion in bills. so who do we pay? social security recipients jp medicare? medicaid? our troops that are fighting, federal employees like air traffic controllers and prison guards? it comes down to stark choices. what the president said yesterday is he s impatient. he wants our senate and house to
go right up to the edge is what they re saying. have the catastrophe and then they ll pick of the pieces. this is republican argument. contribution let me tell you something, if we don t extend this before august 2rd we ll find ourselves in a deeper recession they re wean just escaping from. if we don t exceed than on august 2nd, interest rates are going up on government borrows and borrowing on average americans to bay car a home or expand a business. let me tell you that will be an economic catastrophe, and we ll be faced with making hard choices in the month of august, have $170 billion suspended and over $300 billion in bills. so who do we pay? social security recipients? medicare? medicaid? our troops that are fighting? federal employees, like air traffic controllers and prison guards? it comes down to stark choices. what the president said yesterday is he s impatient. he wants our senate and house to come together in washington and get this job done. not at the last minute but
responsibility for our own actions. . developing right now, debate on the house floor of a cut, cap and balance act as a constitutional amendment to force congress to pass balanced budget. it s a beautiful piece of legislation that has absolutely no chance, a beautiful one in the sense of it s a nice construct for debate, and, really, partisan division. no chance whatsoever are being passed. more pro wrestling from washington. i m not worry about it. we don t have time to worry about it. they have time for the debates. what else is there to do? jobs, who needs it when you can have a fake debate with constituents. meanwhile we move closer to the august 2rd doomsday with no real
of the republican party. the president said, put tax cuts in there. not good enough. unfortunately, unless you pull together in this tough economy, we re not going to get out of the debt. let me ask you about this thing usually i watch like you do. you have to look at these somewhat objectively. i am stunned to hear that the republicans on capitol hill are now for the first time denying there is any real deadline for coming up with a debt ceiling bill. it s just, any deadline they deny exists saying, we can always borrow some other way, put it off. seems to me they want to see a crash in the economy as the deadline. in other words, go right up to the edge and then over the edge and then they ll cut a deal. have you heard these arguments? a lead editorial says, there is no deadline. go right up to the edge is what they re saying. have the catastrophe and then they ll pick of the pieces. this is republican art. contribution let me tell you something, if we don t extend this before