time debt ceilings have things attached to them. 63% of americans, harvard harris poll, want spending restraint attached to the debt ceiling, and then attack the republicans for wanting to shut down social security and obamacare and social security and medicare, just like they did ten years ago. and the republicans are saying we are not going to raise taxes, they ll be asked 112 times by the administration, please raise taxes and at the end of the day some spending restraint in return for higher debt ceiling, exactly what happened ten years ago. and it s not a bad deal given the wreck that the administration put together. sandra: a quick check on the dow as we leave it off here, quarter basis point did happen. markets are kind of where they were right before the announcement happened, so not a real big reaction from the american stock market to that. it s going to be the long-term, right, grover, that we have to watch for, long-term effect on
up republicans hold the house to come up with the deal or a deal to fund the government that is heavily contentious on their own side requires them to turn to democrats for the decisive votes to pass it. it s not unusual that s very good chance whatever agreement ends up happening, whether it is a clean debt ceiling increase with no policy change changes attached is some kind of deal with either a fig leaf a budget, there is fairly widespread expectations they might actually need democrats to pass it in the end. so, that would not be shocking at all. , ., . . , end. so, that would not be shocking at all. , . . . , ., at all. there is a criticism that ioes at all. there is a criticism that goes republicans at all. there is a criticism that goes republicans only - at all. there is a criticism that goes republicans only care i at all. there is a criticism that i goes republicans only care about debt ceilings when they are not in the white house and there is some evidence for that if you
depending what you get. the thing is, though, i m with mika. a cop out for a lot of employers and a way they don t have to pay that s t. speaking of tipping, bring in a guy that will tip 5% on everything. a big tipper. and on everything, of course no. a big tipper. and treasury economic analyst. he s a big tinner i know. steve rattner is a big tipper! talking about debt ceilings, and you have brought charts for the kids. want to ask about tipping first. i do. what do you think about this whole tipping a.p. article? i m with you guys. i find it an enormous pain in the neck to go into a store buy a cup of coffee, a muffin and be expected to tip. i think what they should simply also very sympathetic to workers. tough jobs. don t get paid a lot of money. in favor of raising prices, paying the workers more, and let s get rid of tipping.
gop, and saying a very irresponsible thing to do, it s about paying bills that have already been incurred, it s not new spending, not negotiated over whether or not we are going to pay our bills. why do republicans, where do they not agree with the statement. they look at janet yellen and say what do you mean our? the 2 trillion you wasted at the ging, that s not our, that was just the democratic party. robert. i have to come back to that. there was not a single republican who waited for that. and during the trump administration we had multiple debt ceilings passed and they did not have the same argument. we did. biden and obama in 2006, voted no for all these reasons. back to the partisanship. agreeing one thing to agree with grover, i would love to see the debate with the republicans.
generally in the past have understood that this is just a normal part of the business of running the country. and i think that it is the most popular to do this kind of debt limit crisis among the people who are running in ruby red districts, whose voters are on the far right of their party. and they don t really have to worry about the messy middle on this. for those biden district republicans, it s a completely different story. and david, when democrats controlled the house during the trump administration, we didn t see the somehowdowns on the debt ceilings. why are republicans willing to use this for leverage if democrats aren t? first of all, i think the republicans who are leading the charge here are not sort of governing republicans. and they are willing to take the country to the brink. we saw that in 2011 when the tea party republicans came in. but, you know, it s interesting that you raise this point because one of the people who s now urging republicans to hang tough and