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Transcripts for CNN CNN News Central 20240604 18:30:00

that mccarthy gave to deal with the budget issues and budget reforms going forward, something that she said will be enough for her to vote for this package. the question will be what will happen next. in talking to some members of the republican conference they re willing to vote for this bill because it includes a slue of spending cuts but they re concerned about future comp compromises. i would like for it to be more conservative than it is right now. i think it s a happy compromise with our conference. i want it double what was in there. i agreed to vote for it because this starts the ball, gets us in the arena to solve the debt problem. now, i m not interested in anything coming back, anything but what we voted on. just said this cannot take up anything from the senate. we freeze until they get back with us on what we agreed to. reporter: now, this vote if it does happen this afternoon is expected to be very, very close. we do expect at least one

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McCarthy's momentum: His past wins will matter little if he is unable to deliver on the debt ceiling

Transcripts for FOXNEWS Your World With Neil Cavuto 20240604 21:47:00

better it looked for investors who hope republicans get their act together, do something about that and in this case gridlock within their little group wasn t a good thing? look, the big story i ve been listening to your interviews. the big story here is that conservatives won. it looks like kevin mccarthy will be the next speaker. the conservatives held out for more budget reforms. as you heard the congressman talking about, we have to get back to a balanced budget. i believe and i think that conservatives that revolted against mccarthy at least temporarily are saying we can t have business as usual on capitol hill. this isn t working. they have succeeded, neil. there s new measures in the new agreement that are going to make it easier for republicans to move forward with a balanced budget plan in seven or eight years because let s face it, neil, we can t go on as a nation

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Transcripts for FOXNEWS FOX News Sunday With Chris Wallace 20211212 19:39:00

working relationship with donald trump, you cannot be effective. so i hope we ll get on the same page here. chris: but, you know, what we re talking about here is something a lot more serious than the process to set opportunity debt vote. if you don t raise the debt limit, the country defaults. if that happens, it tanks the markets, it has it probably puts us in a recession. it means that things like social security checks and veterans i understand all that. chris: don t go out. to you really want to play politics with that? every time we raise the debt ceiling we get something for it, generally speaking. i wanted to have some budget reforms. nancy pelosi, the last time we raised the debt ceiling on trump s watch, wanted more spending. what we said as a party is we re going to make them use the reconciliation process to raise the debt ceiling. the democrats caused this problem, they needed to fix it. if you do it, if you help them, you re legitimizing the spending. it s reall

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Transcripts for FOXNEWS Your World With Neil Cavuto 20240604 20:13:00

and talking about adding $5 trillion to deficit. it s a different conversation between the two on that. so yes, we need to get back to balance. it s something that i ve worked on with budget reforms and spending and the issues that deal with a way to get back to a path, back to balance and pay it down. but they re focused on this new monetary policy that it doesn t matter how much we spend. if you spend $5 trillion above the budget and the budget is $6 trillion, it s beyond reason anymore where they re focused on when you have $4 trillion in income and talking about spending $12 trillion. neil: got it. all right. senator dave langford, thanks very much. good catching up with you. as the senator wrapped up there, we re hearing from president biden on this subject, taking questions about how to handle

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