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Transcripts for BBCNEWS Asia Business Report 20240604 23:31:00

reacted with anger. i strongly disagree with fitch s - reacted with anger. i strongly disagree with fitch s decision | disagree with fitch s decision and i disagree with fitch s decision and i believe it is entirely unwarranted. it s flawed assessment is based on outdated data and assessment is based on outdated data and fails to reflect improvements across a range of indicators, improvements across a range of indicators, including those related indicators, including those related to governance, that we have related to governance, that we have seen related to governance, that we have seen over the past two and a half have seen over the past two and a half years. gf of the democrats used the opportunity to point finger and republicans for their role in the recent debt limit fight of all republicans blame it democrats and joe biden for joins of dollars in new spending for the many economists dismiss the downgrade, includingjp morgan downgrade, including jp morgan chase dow

Transcripts for MSNBC The Sunday Show With Jonathan Capehart 20240604 13:41:00

made some noise about potentially trying to toss the speaker if they didn t get everything that they wanted. but he got through all of this without any major leadership challenge, he managed to get two thirds of the republican conference to vote for this bill in the end, and the bill became law before a default. so, with the standard set that low, if we would be able to get a deal, then the country might default, right, they ve passed with flying colors. brandon, you were there, correct me if i m wrong, but you were there with speaker boehner when he went through the debt ceiling fight. and he didn t survive that, so should mccarthy rest easy that he survived his debt ceiling fight with his stature intact, if not enhanced? jon bader definitely did survive, our biggest debt limit fight was in 2011, and he didn t leave until 2015. so it was the accumulation of numerous fiscal measures and

US debt ceiling deal: How odd pair, Joe Biden and Kevin McCarthy, saved the US economy

The bar was set low for Kevin McCarthy, a newcomer to the speakership, while Joe Biden is an unpopular president who first refused to talk on lifting the debt ceiling. Also, the fact that they are on opposing sides in Washington s political fight makes their feat all the more remarkable

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