avoiding economic catastrophe. but their celebration will be short lived. the measure is dead on arrival in the senate, where democrats object to huge cuts in federal spending. the bill passed by only two. both but republicans say it will strengthen their hands and negotiations with democrats in the white house. we just passed a bill. it s not our job to modify it. where the only wants to lift the debt and to make sure this economy is not in jeopardy. what the speaker of the house and with the two vote margin what it did today was actually putting the nation at risk. and the cost that they re going to put in place is going to damage the economic growth. without an agreement the u.s. government could default on its debt by early june. the downgrade in its credit rating shirt to follow. more now from cnn s chief congressional correspondent, after months of internal deliberations and around the
i announced new standards require all construction material used in federal infrastructure project be material made in america. made in america. we ve been listening to the president deliver remarks in maryland. just overall talking about this administration s investment in green energy. in bringing jobs back to the united states. made in america. speaking of economic message there, the president several times has talked abilout these 500,000 charging stations. let s bring in cnn s chief congressional correspondent, manu raju. you ve got some important economic news, a date, as it relates to the debt ceiling fight. that s right and the possibility of a debt default. the first ever in u.s. history if the debt ceiling is not raised. this is a new estimate by the
On this episode, Ben sits down with FOX News Chief Congressional Correspondent, Chad Pergram. Ben and Chad discuss what they have learned about President Biden and Speaker Kevin McCarthy's debt ceiling negotiations, the latest on the fallout from the Chinese spy balloon, as well as outlining what to
topic one this afternoon is the need to raise the government s borrowing limit, a debate that will shape the tone and the trust levels of the next two years of divided government the white house says raising the debt ceiling is a shared responsibility and should stand alone. any discussions about federal spending, the white house argue, should be separate, come later and be part of the budget process. speaker mccarthy today says that s irresponsible. i m not here to play political games. we ve got five months to deal with the debt ceiling. i think an adult way and responsible way to sit down sensibly and work together i have a lot of ideas that i ll sit down with the president on. cnn s chief congressional correspondent manu raju on capitol hill. a, do we know what any of those ideas and b, the divide is significant. it s a significant standoff and one we haven t seen since 2011 when there was a downgrading of the credit of the
congress and i think they should take the victory. rosendale there saying no and some of the other representatives, i ve got to ask what else do you guys want? matt gaetz said on television tonight i m running out of things to ask for and that gives me personally as someone who talks grass roots and represents a lot of younger voters a lot of confidence this congress is actually going to be able to get something meaningful done from oversight one topic bills to real steering changes and rules committee changes. so this is on pace to be the most conservative congress in my lifetime. these holdouts i think are patriots for what they ve done and now it s time to take a victory so the moderates don t strike down with a deal with democrats that could obliterate this entire deal. i hope they get this done tonight. laura: yeah, take the win, take the victory. let s check back in with fox news chief congressional correspondent chad pergra.m. standing by on capitol hill. chad, the math, it is