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lifted. gene sperling says they re wasting their time. the same thing that he says republicans were using the same strategy when he worked with bill clinton and barack obama. things got hairy then. what happens now? we ll ask scott perry and texas congressman dan crenshaw. welcome, everybody. i m neil cavuto. so much money, so little timen t. a big old credit limit and so far not good enough to satisfy either side getting it resolved. we re talking about $31.4 trillion in debt. both sides very, very far apart. gene sperling the white house economic adviser says we won t patch up the differences by attaching other things to raise the debt ceiling. which is his way of saying i ain t going to happen. you republicans, have to raise the limit. we ll talk about spending later. this is from earlier on fox business. what you don t have the right to do is to say that we are going to hold hostage the full faith and credit of the united states to get what we want or to put anoth ....
Business. what you don t have the right to do is to say that we are going to hold hostage the full faith and credit of the united states to get what we want or to put another way, that we are willing to threaten the united states going in to default for the first time in its historobae a budget aspiration that actually we could not get without holding the u.s. economy hostage. no one. i don t care whether you re a democrat neil: this isn t the catalyst for that. we obviously spend more money than we take in. a lot more money. something has to be done about this. i don t know if this debt means is a way of doing it but seems like democrats are resistant to talk about entitlements. republicans are very resistant to talk about curbing defense. there we be. it happens every single time. ....