tv Nancy Ognanovich CSPAN October 8, 2017 2:59pm-3:06pm EDT
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texas. mr. fuentes: yes, sir. president trump: hard to believe -- between the helicopters and all of them. but the coast guard itself saved in texas 16,000 lives, and they went right through that hurricane. and there aren't too many people who would have done it, believe me. would you thank everybody for me? mr. fuentes: yes, sir. thank you. >> mr. president, we also have our customs and border -- cliques to meet with local officials and survey the damage done by recent hurricanes there. jenniffer gonzalez cologne tweeted edges of her along with senators ron johnson, cory gardner, tim kaine and richard blumenthal as well as house members at a news conference. votesid ahead of upcoming it's important for members to know the current situation on the island.
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she added house speaker paul ryan will lead a separate delegation next week. one house member who joined the tweeted views from an aerial view he took with the cap "widespreadcaption, devastation in puerto rico is ." rtbreaking white house budget director mick mulvaney was asked about that on nbc's meet the press. >> puerto rico is between 79 and $120 billion in debt. there's no way they will get back into prosperity with that debt hanging over them. a process is going to have to figure out a way to relieve puerto rico that debt. that doesn't mean we are going to wave a magic wand and wipe out that debt. it also doesn't mean we are going to bail them out. >> but you are going to try to
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work with them in some form to mitigate this? >> to mitigate the debt, we are going to work with them to rebuild the island. how they deal with their long-term debt is part of an existing piece of legislation. >> the house is scheduled to take up the white house's 29 million dollars supplemental request for additional hurricane relief efforts. -- wildfire we recovery and debt relief for the national insurance program. we talked with a capitol hill reporter. >> when the house returns they're going to take up a second request for hurricane relief area the second rebuttal -- second request for $29 million. and where isis it it going? >> fema could have -- could run out of money really fast after
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having to deal with harvey and irma and texas and florida and puerto rico and the virgin islands. a large amount of this money actually would be for fema to use to help for puerto rico which is in desperate shape. there is other money there to increase the borrowing authority survey can get more money out to people that have been hurt by these storms. there is also a sliver in here, the western wildfires that have been bad this year. that is the starting point for this package. >> another piece of this is for assistance in terms of the national flood insurance program. what is the situation with that program now and why does it need extra funding? nancy: the government has exhausted the borrowing authority to help people in this insurance program. unless they put more money into this program, they can't function. they have to increase the
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borrowing authority quickly. >> the white house request is 29 billion, yet your leads is a $50 million. where is the difference between the two numbers? nancy: the other night when they package came up from the white house, almost immediately the texas delegation met behind closed doors and say we don't like it and there isn't specific money for taxes. what we got in the first a supplemental isn't enough to address harvey and the damage which is enormous. the deputy whip in the senate said that he and ted cruz and members of the house delegations were all meeting to come up with a response to this. a response can be very next day and they are asking for almost $20 billion more to help the home state. they feel that in the end of the kind of damage that harvey
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caused in texas is really reaching behind her billion-dollar mark and they feel they have only gotten the beginning sliver. they need more money now. they are very lucky in the texas delegation because they have a three members of the delegation serving as cardinals on the house appropriations committee. they went to house appropriations and made their pitch and it sounds as though they have gotten a good response. that is why we see the total edging up toward $50 billion when this moves to the house and senate. there is another part that is being discussed by democrats. they don't think it has enough
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direct aid for puerto rico. you can imagine efforts in the house and the senate by other lawmakers to get more money for puerto rico. it could easily be 50 billion if not more. >> nancy ognanovich is a congressional leadership reporter with bloomberg government. you can follow her on twitter. >> on thursday president trump met with military leaders at the white house to discuss national security and counterterrorism. president and first lady posed for pictures before hosting a dinner at the white house. it was during this photo op the president made a remark about the calm before the storm. this is about five minutes.
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