You're watching...
FBN’s Rich Edson on the decision to hold off debate on efforts to curb government spending.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
Canceling a -- this morning one in which they were gonna.
Try to strategize on how to rein in government spending rich -- live from Capitol Hill -- all the details rich.
-- Republicans say the reason they cancel this meeting this morning is because of a very busy legislative day they're dealing with -- sandy appropriation bill and also.
Reading the constitution on the house -- that something that they did open up the previous congress from Republicans took control in 20118.
Say that Republicans are discussing.
A number of different options on the debt ceiling what would be a short term debt ceiling extension with smaller cuts all the way up to a four year deal.
Depending on the response that they get from Republican members there's a major house Republican event.
There annual -- it takes place tomorrow -- CB Thursday and Friday in Williamsburg Virginia rank and file Republicans say they see this as an opportunity.
To change government.
We need to lay down -- broad bright line that for me -- this.
I -- -- see when does this budget balance we must have cuts to go along with any debt ceiling increase they must be substantial.
There must be a -- -- -- we have here is when the budget gets to balance if we -- to be -- -- as Republicans try to figure out their opening position on the debt ceiling how they're gonna strategize this Democrats in the White House very come out Bear's President Obama yesterday.
Saying that he's not negotiating it that basically congress should just increase the debt ceiling he says he's willing to talk about we're deficit reduction.
Perhaps some modest changes to health care spending he says as long as it comes along with.
-- loopholes in tax deductions for wealthier companies and individuals but he says further debt ceiling is concerned congress should just do it.
House Republicans not going along.
-- rich -- on Capitol Hill it's for a deal.
