Checks Dont Go Out News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Checks dont go out. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Checks Dont Go Out Today - Breaking & Trending Today

Detailed text transcripts for TV channel - FOXNEWS - 20110712:17:02:00

The other day why are we living like this? reporter: well, i can t answer your question except to say that we have run out of money. we cannot borrow anymore. there is a limit on how much money, gross amount of dollars, that we can borrow at any one time, and that limit is $14.3 trillion. we ve hit the limit. martha: we hit it every year, basically, right? reporter: that s true. now, we need to borrow more money. we haven t got a deal which lets the politicians say, all right, go ahead and borrow more money. on august the 2nd we absolutely run out. all we ve got is the money that comes in from tax revenue which is not enough to pay all the bills going out. there could be some pain here, martha. our colleague, brit hume, suggests supposing that we didn t pay for beef, pork and poultry inspections. it takes a government check to pay those people to go out and inspect all that stuff. if checks don t go out, you ve just shut down the beef, pork ....

Martha Maccallum , Washington Haven T , 14 3 Trillion , 4 3 Trillion , Tax Revenue , Brit Hume , August The 2nd , Government Check , Checks Dont Go Out , Poultry Inspections ,

Detailed text transcripts for TV channel - MSNBC - 20101201:19:01:00

Expire, if the next set of checks don t go out. if they choose to act, and one of the things that is happening here, unemployment benefits are being used as leverage to get other things done. republicans want to see action on the bush-era tax cuts, making sure those do not expire. you know the dividing line. the president and the white house say it s okay to extend them for middle-class americans but not on the high end because it would add too much to the deficit. republicans say don t raise the rates for anyone. they seem to have more leverage at the moment because in the senate, they can t get anything done without the support of republicans because of where the numbers are. so harry reid got a letter signed by all of the republicans saying until you deal with this, we won t help you on anything else. and some of the things that republicans have been most concerned about is the criticism that democrats have been spending these remaining days of this session worrying about other thin ....

Tax Cuts , Unemployment Benefits , President Bush , Checks Dont Go Out , Working Class Americans , Dividing Line , White House , Republicans Don T , Harry Reid , Anything Else ,