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July 7, 2024
>> good evening and welcome to politicsnation. tonights lead, breathing room. ♪ ♪ ♪ >> right now, it looks like there is some deadline and our debt ceiling debate. janet yellen giving congress and the white house and extension, but only of a few more days, to hash out a day will and avoid an economic catastrophe. and the biden white house aides and republican house speaker kevin mccarthy are reportedly closer to doing that, as the clock runs out. with gop hard-liners in the house...
May 27, 2023
Deal is not reached by the june 5th deadline? how does that affect the average american watching? >> luckily for negotiators, they have an extension on their homework, so to speak, with janet yellen, the treasury secretary, moving up that x date to june 5th, so a bit more time to get this passed. but it would be absolutely catastrophic. this has never happened before. we came close about 12 years ago in 2011 to create aquatic rating by standards, and it was already downgraded just from the threa...