Local Lawmakers See Little Wiggle Room In Debt Ceiling Debate | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Local Lawmakers See Little Wiggle Room In Debt Ceiling Debate

Play associated audio

The debt ceiling debate is like a mine field. Any way negotiators turn, explosive political issues lie just underneath the surface. New taxes are a nonstarter for the GOP, which Gerry Connolly (D-VA) says is an unrealistic position.

"I do believe everything should be on the table – everything," he says.

Democrats want to avoid big changes to entitlements. But as President Obama meets with Senate leaders today, rank and file Republicans, such as Maryland Congressman Roscoe Bartlett (R-Md.), want negotiators to go well beyond cutting just $2 trillion in spending.

"I think the cuts need to be deeper than they are suggesting if we are going to come out of this and have anything to give to our kids and our grandkids and our great grandkids," Bartlett says.

With the ideological positions firmly drawn, Jim Moran (D-Va.) offers this bleak assessment of the situation.

"I don't see any light at the end of the tunnel in these debt ceiling negotiations," he says.

If no deal is reached and the debt limit isn't raised, economists warn interest rates will go up, the stock market will go down, and so will the value of those dollar bills in everyone's pocket.

NPR

With Help From America's Test Kitchen, Why Buy When You Can DIY?

Morning Edition host Renee Montagne talks to America's Test Kitchen's Chris Kimball about foods that are easier than you'd guess to make at home. Fresh Nutella or kale chips, anyone?
NPR

With Help From America's Test Kitchen, Why Buy When You Can DIY?

Morning Edition host Renee Montagne talks to America's Test Kitchen's Chris Kimball about foods that are easier than you'd guess to make at home. Fresh Nutella or kale chips, anyone?
WAMU 88.5

Congress Unlikely To Approve Plan On Immigrant Children Until After Recess

The political response to the tens of thousands of unaccompanied immigrant children in the country is largely split along partisan lines, and legislation is not forthcoming.

NPR

A Plan To Untangle Our Digital Lives After We're Gone

In the digital age, our online accounts don't die with us. A proposed law might determine what does happen to them. But the tech industry warns the measure could threaten the privacy of the deceased.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.