Debt Debacle News Today

presidential candidate ron desantis plans to campaign next week. big announcement. and policer he called 911 for help. his family says they want justice. ahead, details on the boys condition and a planned protest in mississippi. new research suggests the pill form of drugs like ozempic would work as well and obviously without the shot. what that could mean for this whole new world of weight loss drugs. this is cnn "news central". this morning, if a tree falls in the woods on twit...

it is all happening now. airports across the country are seeing the busiest memorial day weekend in year, and so when will you get to your holiday destination? also, 86-year-old pope francis is canceling all of the meetings today due to a fever. what we know about the condition with a report straight from rome ahead. a passenger opens up a emergency door mid flight, and the emergency landing that followed. it is all captured on video. this is cnn "news central"." >> so, at this mom...

Available. in the meantime the treasury has not said how it will pay bill or issue ious. before any of that happens, the u.s. got slapped with a new warning. overnight one of the top credit rating agencies, fitch, put the u.s. on a rating watch negative. making clear this man-made political crisis has put the country on the verge of losing the triple a credit rating. the last major debt debacle in 2011 led to the unprecedented first ever downgrade to the united states from s&p. christine roman...

The repercussions of a first-ever default on the US federal debt would quickly reverberate around the world. Experts say that no corner of the global economy would be spared

Joe Biden and his administration have been searching for ways to act unilaterally to avoid an economic ‘calamity’ if Congress can’t reach agreement to allow more borrowing. While some advocate using the 14th Amendment, the president has viewed the route as a problematic and untested legal theory

The US government aims to reach a budget compromise by 1 June. Republicans, led by Kevin McCarthy, demand spending cuts in exchange for raising the debt limit. While US president Joe Biden has joined the talks, he has urged GOP members to reconsider their extreme positions

Failing to lift the debt ceiling has catastrophic effects for the US and the world. It could bring down the entire international financial system. This in turn could devastate the world gross domestic product and create mass unemployment

US president Joe Biden has been considering the ‘14th Amendment’ option to avert a debt ceiling crisis, as the deadline to resolve an impasse on lifting the borrowing limit fast approaches. There could be legal challenges if the 14th Amendment is invoked, but not doing so poses risks too

The list and i think it is for a lot of people. now, the president of the bully pulpit can sometimes elevate an issue and make it a big issue and so on, but i think hes weakened now, the bully pulpit is a depreciating asset for him now. >> it did work back in 2011. we had t debt debacle this august of 2011. he started championing the middle class in kansas and it boosted his standing. when you talk to folks in the white house, do they say were trying to change the subject? do they think theres a...

>> 1,300. >> it was publicly reported there were 580 in rhode island. in iowa it was reported there were five in the entire state. so let me make a second point which is you said criticism of obama care is "right wing histrionics." >> yes. >> and im curious, if you think it was right wing histrionics, when james hoffa, president of the teamsters said obama care is destroying the health care of millions of hard working men and women in this country. >> i have heard that mr. hoffa has said youre u...