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Page 11 - Debt Ceilings News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CNN CNN Primetime June 4, 2024 01:42:00

position against it. and so the democrats held back a little because they vote for debt ceilings. they want to pay the bills. and there were republicans who voted for it, 149, and it sort of shows you how the conservative freedom caucus is an island in the republican party in the house right now. and i think that most republicans said we have to do this because we are now a party that has to show that it can govern in the house. and that didn t used to be the big concern when it came to debt ceiling fights, which we ve had almost every two to three years for the last decade. when they voted for a two-year suspension of the conversation all together. i think highways interesting is hearing mccarthy there say he is about the negotiation and who came to the table and who didn t come to the table. he s not saying we held strong until we got this, this, and that. because he is trying to show that they are engaging, they are governing.

CNN CNN Primetime June 4, 2024 05:40:00

passed by a wide bipartisan margin a bill to avert a debt crisis here in the united states. gloria, you noted as we were discussing just moments ago, more democrats than republicans waited for this bill. and, i think that s going to be a sore point for a bunch of democrats. the progressive caucus, which didn t like this bill, didn t ever take up official position on it, against it, but in the house you had the republican freedom caucus take a position against it. and so the democrats held back a little bit because they vote for debt ceilings. they want to pay the bills, and there were republicans that voted for it, 149, and it sort of shows you how the conservative freedom caucus is an island in the republican party in the house right now. and, i think that most republicans said, we have to do this because we are now a party that has to show that it can govern in the house. that didn t used to be the

FOXNEWS FOX and Friends June 4, 2024 12:05:00

debt ceiling change, not lift the debt 4 trillion dollars, we are going to have uncapped debt ceiling that will equal from our trillion, expired lame duck on january 21, 2025 and do not get policy reform on green tax subsidy. i think we need to call their bluff, there is time you walk away from negotiation and this is one of them. they are not serious, biden dith erred for over 100 days, this should not move forward. ainsley: they are on the rule committee, you need their vote to move forward and you need democrats. speaker mccarthy: we ll sit down today and have people come in, it is first time they are back to walk through the bill. the wall street journal says it is a very good bill. compared to other debt ceilings, we had presidency, senate and

CNN CNN Newsroom Live June 4, 2024 07:06:00

could have been worse. i think republicans think it could have been better but ultimately, what happens, the debt ceiling gets increased for a couple of years. the world keeps spinning. the average voter won t notice much of a difference and a lot of this fiscal policy will get litigated in the next presidential election. i think kevin mccarthy did a good job bringing joe biden to the negotiating table and joe biden is saying not much really changed here and we didn t go over the edge of a default. both sides are claiming victory and that is probably true for both of them. so everybody is claiming a win, but this has been a bruising exercise. yeah, maybe. but at the same time, a lot of these debt ceilings, i think joe biden frankly could have settled this much earlier. he spent several months saying

CNN CNN Newsroom Live June 4, 2024 07:03:00

taking the food stamps. and going from 12% to 8%. those are win that s will exist long after this. rescinding of the covid funding. if will be more than all of them combined. cnn s priscilla alvarez has more from the white house. reporter: president biden announced on sunday that the white house and house republicans have finalized and agreement on the debt ceilings in hopes of avert ago debt default later in june. president biden said this was good news and heralded mccarthy for negotiating in good faith. and he also spelled out the consequences should there be a default in the catastrophic consequences that would impose on the economy. president biden also acknowledging that in an attempt to avert that. and send this over to congress, not everyone got what they want. so this will be important in

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