america. why don t we step our game up. give the bulls pcp. it is the bulls and the bears and it could be a very good idea. by the way, i always had the idea that the zoos should not have cages. you always had that? it is coursing through the cortex. never had the grots to bring it up. i wanted a gate less zoo. they should have the running of the bills. at the end they just kill him. do i get paid if i come back? we don t pay bill. you don t? no, i don t.
america. why don t we step our game up. give the bulls pcp. it is the bulls and the bears and it could be a very good idea. by the way, i always had the idea that the zoos should not have cages. you always had that? it is coursing through the cortex. never had the grots to bring it up. i wanted a gate less zoo. they should have the running of the bills. at the end they just kill him. do i get paid if i come back? we don t pay bill. you don t? no, i don t.
crisis at least temporarily. a very important caveat here. the senate is expected to pass the measure to raise the limit on our federal borrowing but only raise it until may. chief political correspondent carl cameron is live from washington. so carl, may is my birthday but beyond that i have no reason why may is the date. what is the fine print here in all of this? reporter: the title of it is called the no budget, no pay bill. that is sort of contingent string attached to this. over all extends enforcement the of current debt ceiling through mid-may. but at that point it retroactively goes up and the bipartisan policy center says the increase will be $450 billion. call it about half a trillion so the new total will end up being around 17 trillion in federal debt, as of mid-may. that string attached to the no budget-no pay provision. house republicans who have passed budgets during the first obama term inserted this into the legislation, essentially to pressure senate democrats to p
may. senators prove the house bill that also includes provision some insiders are calling a bad idea whose time has come. chief political correspondent tells us more. they approved the house back no, budget no, pay bill with the current debt ceiling of $64 trillion in mid-may when it is estimated to be $50 million more. the house and senate have to pass budget by mid-april or member paychecks will be held. the united states could default on the obligation every few months. not an ideal way to run a government. a short-term solution is better than another imminent manufacturered crisis. house republicans passed budget in the obama era and created the salary threat so senate democrats who have not do so this year. republicans tried to pass amendments that prioritize payments when cash runs first, pay interest first, social security and active duty military pay. and measure offsetting new debt with the matching
was concerning to the markets, concerning to business. very concerning to the american people. house republicans have passed budgets during the obama era, the democrat controlled senate has not. but even before the no budget, no pay bill was passed in the house, democrats in the senate agreed to vote on it, too. we will proceed to work on the legislation to get it out of here as quickly as we can. democrats really think they won the round because the debt ceiling will go up in may. without offsetting spending cuts. republicans counter getting the senate democrats to agree to a budget by april means for the first time in four years congress may be able to show some degree of real fiscal discipline. bret? bret: thank you. senate majority leader harry reid hopes to get a deal done soon with republicans over new filibuster rules. they want to require senators to be present when they filibuster. republicans are resisting that. reid hinted he may use the so-called nuclear option to c