I agree. I do not think we are likely to eliminate the debt limit.
These are entitlements. These are things that people have paid in their entire life.
We cannot talk about dealing with the deficit unless we are dealing with all three legs, which are tax policy, spending,...
I appreciate the frankness of all of you.
The triple-A credit of the United States is the bedrock of the global financial system.
This is all games that they play, and they go back and forth, and it is just another example of the dysfunction that exi...
If you tell them that they have paid into a system for their entire life... that is not something that is going to be pa...
You cannot cut enough to deal with it, and you cannot grow yourself out of it. You have to do all three.
How do we bring America together to have this kind of comprehensive adult conversation that we need to have?
To me, working in a bipartisan manner on these issues is the only path forward.
It is our internal credit limit, not that of our creditors.
Doing the right thing is hard and often not politically expedient.
It is wholly irresponsible to turn this debate into one that threatens the full faith and credit of the United States.
We should not shy away from having a real debate when we raise the debt limit.
We simply cannot continue to rack up the debt at the rate we are.
If we are asking other countries to improve their institutions, to bring more transparency, how do we make that argument...
You go after the press. You try to delegitimize the press and say it is all fake news.
I think our institutions do need reforms and they do need strengthening and they do need to be adapted for the situation...