economy cannot default? and if not, how can you get him to do that in the next 5 to 6 working days? we think that this was a productive meeting today, that headed towards a recognition between leaders that default is simply not an option. and now negotiations on the hill around the budget framework have been accelerated. the president introduced his budget on march 9th. so we brought that to the table. the republicans passed theirs in late april. and we have had a window to get this budget negotiation off the ground. the negotiators the president said to the hill diversity and you want a young, this started that conversation this evening. they are happening in earnest. and i think there is typical right now because we need to get this done, because of the catastrophic implications default can have the economy. do you have the sense, does the president believe that kevin mccarthy is a reliable narrator in terms of getting
simply not an option. and now negotiations on the hill around a budget framework have been accelerated. the president introduced his budget on march 9th. so we brought that to the table. the republicans passed theirs in late april. and we have had a window to get this budget negotiation off the ground. the negotiators the president sent to the hill they started that conversation this evening. they are happening in earnest. and i think there is typical right now because we need to get this done, because of the catastrophic implications default can have the economy. do you have the sense, does the president believe that kevin mccarthy is a reliable narrator in terms of getting things past his caucus and making agreements that would actually stick? well, look, i think he believes that the speaker is a trustworthy person. i think he also recognizes the politics of the conference right now, and
thank you. genes darling, is there any possibility that compromise will happen here and it will be a deal between, joe biden, essentially, and the speaker? well, the president has been very clear about two things from the start. one, default is not an option. you just described the y quite well and no one can take a position, my way or we put our country into default for the first time in our history and risk decimating retirement savings or recession, millions of jobs. but he s also been very clear from the start that, once he put out his budget on march 9th when the republicans put out theirs, he was willing to sit down and have a separate budget negotiation. and as soon as they did the president brought them
days for congress to actually get something done on this. i know the white house has been firm in its stance we cannot the u.s. economy cannot default. is kevin mccarthy signaling that he too believes the u.s. economy cannot default? and if not, how doia get him to do that in the next five or six working days in. we think this was a protective meeting today that headed towards a recognition for it leaders default is simply not an option, and now negotiations on the hill around a budget framework have been accelerated. the president introduced his budget on march 9th i remember, so we brought9t that to the tab. the republicans passed theirs in late april, and so we have had a window toha get this budget negotiation off the ground. the negotiators the president sent to the hill, they started those conversations this evening. they re happening in earnest. i think there s more working days in a week that typical right now because we need to gen this done because of the catastrophic imp
is critical. it was critical through his first two years. now they only control one chamber. it s worth noting the president is going to release his budget on march 9th. that s a new starting point for negotiations or at least discussions about ab issue with the white house has been steadfast. they are not bluffing when they say there will be no talks or cuts accepted or negotiations at all when it comes to raising the debt ceiling. they are willing to have talks long-term when it comes to deficit and debt issues. so we heard this last night speaking to house democrats at their retreat. the idea that based on what they accomplished in the first two years in office, democrats need to talk about that.