A debt ceiling deal is on the horizon six days from the deadline

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Republican lawmakers and White House negotiators are moving closer to a deal to raise the nation’s borrowing limit. Sources familiar with the talks tell CBS News that the deal under discussion would cap federal spending levels for the next two years. Nancy Cordes reports from the White House.

#news #debtceiling #politics

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Comments

Kodiak says:

How on earth is US AAA rated? What a joke!

music.1.0 says:

Why not clear 1 trillion dollars up front and give or 1 million dollars or so…to the the global climate and infrastructure monthly!!?

Breanna G says:

So they are really going ahead with ripping food out of children's mouth to feed the rich?

The Crimson One says:

Just so y’all are aware. If Yellen is right and the X-date really is June 1st, we’re probably defaulting if they don’t close a deal today.

According to some of the Representatives involved it’ll take a day or two (probably two) to actually draft the bill. Then it goes to the House, where it must sit for three days so they can actually read it before it’s voted on — that’s a new rule. Then it goes to the Senate the next day. That puts us at June 1 if a verbal deal is closed this evening.

Patrick Hardman says:

Kazirian mafia news

Dan Hove says:

We know our enemies. They attempt a coup de tat. Failed. So now they aid Russia in Ukraine by destroying our economy and boosting Russian oil income. Pathetic.

Tina Braxton says:

They say they are closer to a deal. I don't think the House will vote for whatever they come up with. This is an ideological fight. The debt limit and crashing of the economy are being used as weapons of war.

Bradford Landrum says:

Same s**t,different day! Do they know how sick of their inept ramblings we are?We need a functional government!

locks4 says:

Nobody is factoring in that all this hesitation is stressing the markets

Yasin Burak says:

I hope there’s a default so American people suffer so badly they will never wanna experience it again lmao

Big Artie B says:

Job justification. Neither sides give a schitt. A monkey could set a limit. No offense to the monkey

Cindy Boyce says:

THEY HAVE THE AUDACITY TO GO ON BREAK INSTEAD OF TAKING CARE OF BUSINESS. THIS GOVERNMENT IS DISGRACEFUL . IF THEY WORKED AS HARD AT HELPING THE AMERICAN PEOPLE AS THEY DO SCREWING THEM OVER, THEY MIGHT ACTUALLY ACCOMPLISHE SOMETHING!!!!!!!!!!!!!!!!!!!!!!!

XOXO343 says:

We urge house republicans and democratic Senators to Wake up and cut back on 3 out of 5 programs including special Education. House republicans and democratic Senators to pull special Education and give it to defense spending. By this Wednesday. Tuesday house and Senate debates , Wednesday house and Senate votes. State of emergency must be declared right away we got to go get this done this Wednesday and go prevent a default. House and Senate must select 3 out of 5 programs to cut including special Education. Enough is Enough. We got to declare state of emergency by this Wednesday.

GM B says:

Damn!!
I wanted to see a default … with all the threats and fake news about a default I really wanted to see it happen. There’s still a chance …here’s hopin’

Mr Ctzn says:

Truth is Biden wasted our time and brought us to this very dangerous place . Just as he has brought us to dangerous places with all his corrupt money deals with foreign countries Hunter set up. Spending is not what we need we need sacrifice from these greedy Democrats!

Brady Lambert says:

Raise taxes on those who bought tax reductions

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