Christia Freeman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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

Top News In Christia Freeman Today - Breaking & Trending Today

CNNW Your Money May 21, 2011

some serious concessions from democrats. we have over $50 trillion in unfunded liabilities. all of them are unsustainable. we need to raise the debt ceiling both short term, medium term and long term. that s what it would take to get my vote. will cain is a cnn contributor. secretary geithner said not raising the debt ceiling would be catastrophic for the economy. he concedes no one knows for certain in the event that it s not raised. are republicans willing to risk sending this fragile recovery that we re in into chaos to find out if they re right? no. but neither are democrats. let me tell you why i m so certain about this. the debt ceiling has been raised 74 times since 1962. second, the consequences for not raising the debt ceiling are dire and everyone knows it. i have my prop here. the issue is, if we don t raise the debt ceiling, the government cannot issue new debt. the problem is we take in 60 cents for every dollar we spent. we spend 40% more than we t ....

Debt Ceiling , Tim Geithner , Ali Velshi , 0 Trillion , 50 Trillion , Will Cain , U S , Safe Haven , Social Security , Big Cut , Government Spending , Gloria Gorborger , Credit Limit , Wouldn T , Will Postulates , Barack Obama , George Bush , No One , Let S Go , Christia Freeman , September 14th , September 14th 2008 , Lehman Brothers , Aren T , Credit Tors , Come In ,

Detailed text transcripts for TV channel - CNN - 20110521:17:04:00

That poll that people may be saying debt ceiling, we don t want to pay more money they re not quite sure. you re right about that. part of the burden of leadership is explaining these things. but i would also say that this is really a test of leadership because when you look back at votes on the debt ceiling, they re always political votes. go back to 2006. none other than barack obama and his fellow senate democrats, 2004, unanimously, all house democrats voted against it. why? george bush was in power. so this again is another test. and if it doesn t get done and there are real problems in the economy, then the american public will turn very quickly and blame all of the members of congress and the president. christia freeman is joining us. no one s been able to explain what happens if we don t make those payments. let s go back to september 14th, ....

Debt Ceiling , Barack Obama , George Bush , No One , Lets Go , Christia Freeman , September 14th , September 14th 2008 ,