Sen. John KerryJohn KerryCongress, Trump need a united front to face down Iran One year ago today we declared ISIS atrocities as genocide Trump’s realism toward Iran is stabilizing force for Middle East MORE (D-Mass.) believes the U.S. is at risk of a double-dip recession. He said the United States is a contributor to the weak global economy, but blamed Europe for being the primary cause.
Kerry said the "real" problem is long-term structural debt, not short-term spending cuts.
"The debt deal that we just did is barely a scratch on the surface of what we need to do," Kerry said.
Sen. Bernie SandersBernie SandersIn California race, social justice wing of Democrats finally comes of age Sanders to headline progressive 'People's Summit' The Hill's 12:30 Report MORE (I-Vt.) said he "wouldn't hold his breath" for a spot on the soon-to-be-formed "supercommittee," but would like to serve.
Sanders predicted the supercommittee negotiations will end up revolving around how much defense spending is cut.
He felt confident that Republicans won't compromise on taxes. He told Senate Majority Leader Harry ReidHarry ReidRepublican failure Senate about to enter 'nuclear option' death spiral Top GOP senator: 'Tragic mistake' if Democrats try to block Gorsuch MORE (D-Nev.) not to appoint any Democrats who would consider cutting Social Security, Medicaid or Medicare.
"The best we can do now is hold the line."
Transportation Secretary Ray LaHood praised Harry Reid, as well as President Obama, for their work in ending the Federal Aviation Administration stalemate. He said he is "thrilled" that FAA employees and construction workers will be able to go back to work.
LaHood also thanked Sens. Jay RockefellerJay RockefellerObama to preserve torture report in presidential papers Lobbying world Overnight Tech: Senators place holds on FCC commissioner MORE (D-W.Va.), Kay Bailey Hutchison (R-Texas) and Max BaucusMax BaucusGOP hasn’t reached out to centrist Dem senators Five reasons why Tillerson is likely to get through Business groups express support for Branstad nomination MORE (D-Mont.) for their help in ending the shutdown, but blamed Congress for creating the situation in the first place.
Presidential candidate and former Pennsylvania Sen. Rick Santorum (R) slammed Republicans for mishandling the debt-ceiling debate. He said the GOP should have maintained a stronger focus on a balanced-budget amendment.
When asked about swipes at Republicans, he said debt-ceiling legislation was a bad deal and should have focused on the balanced-budget amendment. He also blasted presidential candidates in Congress, saying they lacked leadership on the issue.
"They didn't do what needed to be done; we needed to balance the budget. We need to limit the size and scale of government. They kicked the can down the road," Santorum said.
Click here for the full Santorum interview.
PIMCO CEO Mohamed El-Erian said he is relieved that the jobs number was "relatively good." He said not to underestimate the importance of decent unemployment data.
"It's good to have been able to have paused this negative loop, but we need to reverse it, because a lot of damage was created yesterday."