White House: All Out Of Wiggle Room

During a question about the reality of the Aug. 2 deadline, White House Press Secretary Jay Carney says that the U.S. hit its debt limit back in May. Since then the U.S. Treasure Secretary has exercised all wiggle room possible which runs out on Aug. 2, after which we lose our capacity to borrow. (0:53) 

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Becerra To Republicans: Stop With The Gamesmanship

Rep. Xavier Becerra (D-Calif.) calls on Republican leadership Monday to stop the “gamesmanship” in budget negotiations. (0:29)

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Debt Limit May Increase To Up To $1.9 Trillion Says Hoyer

House Majority Leader Steny Hoyer (D-Md.) says Friday during a press conference that it will be necessary to increase the nation's debt limit by between $1.8 trillion and $1.9 trillion to get the U.S. through December of 2010. (0:19)
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Hoyer Says It Will Be “Difficult” To Raise Debt Limit Without Blue Dog Support

House Majority Leader Steny Hoyer  (D-Md.) says Friday during a press conference that it will be difficult to raise the country's debt limit without the support of moderates who are concerned with fiscal discipline. (0:13)
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Hoyer: Raising The Debt Is Necessary, So Is Fiscal Dicipline

House Majority Leader Steny Hoyer  (D-Md.) says Friday during a press conference that raising the debt limit is necessary, but that he is fully committed to including provisions ensuring fiscal discipline in the legislation. (0:22)

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