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US debt ceiling crisis: What happens if impasse between Joe Biden and Republicans can't be resolved

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
United States White House District Of Columbia Joe Biden Hakeem Jeffries Janet Yellen

FOXNEWS Special Report With Bret Baier June 4, 2024 22:23:00

Need to go higher and how much higher do we need to go. >> bret: when you talk about the u.s. economy, especially in the administration, they say look around the world. we are still the place where money comes. its still the best bet around the world. do you agree with that when you look around the world? >> i do. as much as it seems like, you know, you turn on the news. we always have political challenges here at home. when i compare our challenges other major economies, especially europe or ch...
Bret Baier Covid Money Western U S Around The World Best Bet Around The World Landmark Deal

MSNBC American Voices With Alicia Menendez June 4, 2024 22:10:00

Will pay. they will pay with their drop, they will pay with their savings. they will pay with benefits. all of that will be cut if we default. >> republicans are trying to have a budgetary conversation in a debate that really doesnt have anything to do with the budget. and in part of that, they have this wish list of spending cuts. and ways in which they would tinker with certain entitlement programs. what do those cuts mean for the american people? >> yeah. the cuts reflect this -- reflects wea...
Spending Cuts Wish List Entitlement Programs Biden Tomorrow Debt Ceiling Police Officers

CNN CNN This Morning Weekend June 4, 2024 10:13:00

Thread. what the white house strategy is going to be is to try to make it so that few republican votes fall off of the house bill that was passed by mccarthy and that they will need democratic votes in order to shore it up and get to a final deal. so it is a very particular, made lick c made trick could you husband process where they try to find -- some republicans wont go for the cuts to renewable energy. especially in states where they are using renewable projects that they do want that money....
White House Iwon T Go Made Lick C Food Stamps Entitlement Programs

FOXNEWS The Next Revolution With Steve Hilton June 4, 2024 01:07:00

Should stick to their guns, demand the spending cuts we need. and if they do not get them that the default happen, do you agree that position? sooner or later there will be a deal for neither party wants to be responsible for being the one to be blamed for america going into default. long-term the only way to solve this is to deal with the so-called entitlement programs for thats medicare, medicaid, social security, obamacare and a few others. donald trump when he ran 2006 he did not talk about ...
Donald Trump Entitlement Including Obamacare Entitlement Programs Social Security Fix Spending Debt Issue

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FOXNEWS The Next Revolution With Steve Hilton June 4, 2024 04:07:00

Clear he said the republicans should stick to their guns, demand the spending cuts we need. and if they do not get them that the default happen, do you agree that position? sooner or later there will be a deal for neither party wants to be responsible for being the one to be blamed for america going into default. long-term the only way to solve this is to deal with the so-called entitlement programs for thats medicare, medicaid, social security, obamacare and a few others. donald trump when he r...
Donald Trump Entitlement Including Obamacare Entitlement Programs Social Security Fix Spending Debt Issue

US debt ceiling crisis: What is the 14th Amendment that Joe Biden is considering to invoke?

US president Joe Biden has been considering the โ€˜14th Amendmentโ€™ 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
United States Joe Biden Barack Obama Robert Hockett Neil Buchanan Isaac Boltansky

CNN CNN This Morning Weekend June 4, 2024 10:12:00

Got into public service for. so i dont think joe biden is going to want to repeat that history. hes made clear hes not going to start that conversation until he absolutely has to. will the public blame him for fighting for low income programs, entitlement programs, for making sure people dont get kicked off of tanev or s.n.a.p., their food program? i think thats the fight he, frankly, wants to have for his re-election. >> speaking of re-election, president biden is focused on fund-raising for 20...
Joe Biden Public Service Entitlement Programs Re Election Fund Raising Nation S Capital

CNN Anderson Cooper 360 June 4, 2024 00:55:00

I like a lot of the things he is saying. he is smart. he truly understands whats going on with the 17 trillion and the budgets and everything else and i think he is very strongly in favor of -- i know for a fact that he wants -- he is going to save medicare. the other side is going to destroyed medicare. he is going to save medicare. >> there you have it. he is actually saying he is going to save it. he praised him during that race. then when trump runs in 2015-2016 he goes against this republic...
On Medicare 17 Trillion Trump Campaign Entitlement Programs White House Donald Trump

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