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Transcripts for CNN Inside Politics With John King 20240604 16:02:00

the debt limit showdown in very different head spaces. kspeaker mccarthy seemed sour o striking a deal. team biden sounds far more optimistic about progress towards a com promiez. not exactly welcome news to progressives. part of the talks include biden concessions on spending caps and work requirements in federal programs. liberal democrats scream no, no, no. quote, we did not elect joe biden of 1986. let s begin at the white house. arkansas let, pressure from the left. complaints from the right. what s going to happen today? the pressure is building on both sides to come to some type of agreement to avert default, but officials on both sides said expectations are low. today s meeting between president biden and kevin mccarthy will result in any type of grand bargain. you heard that posessimism from

Transcripts for CNN Inside Politics With John King 20240604 16:05:00

mccarthy is asking the house sergeant in arms to work with members on improvie ing securitt their local offices. the number of threats against members of congress in this case, this is the staff as well. 2017, 4,000. 2022, 7500. the police chief this morning saying that the job is simply changing. you re not protecting a building. you re protecting people and any promises some help. prikting members and their families not nearly in washington, d.c. i think that proliferation of the use of social media and the

Transcripts for CNN Inside Politics With John King 20240604 16:39:00

its face not really going to do much to reduce government spending and reduce the debt and reduce the deficit long-term? be. speaker mccarthy said this is the first step. the next is the appropriations bill. so i take him at his word that he wants to cut starting now and send a very clear signal that we have to make major cuts in the appropriations. so how major are you talking about to get on board? you haven t supported this raising the debt ceiling in the past. how major are you talking about? and do you fear that too many big cuts could drive certain constituents away and make it harder for house gop members in swing districts to get elected? we have to do it in an intelligent way, but what we have to do is we have to make sure we identify what our federal functions. the military is a federal

Transcripts for CNN Inside Politics With John King 20240604 16:03:00

mccarthy heading into the meeting saying he thinks serious things need to chapg. and officials at the white house are hoping this meeting will help provide some further contours for the discussions. when it comes to work requirements for some federal governments, social safe tu net programs. mccarthy said work requirements will be a red line for him while the democratic leader in the house hakeem jeffries said he s not open to any new work requirements for these kinds of programs. while the white house said they have been pushing back against work requirements and they insist that the president will not be open to cutting health care for americans or pushing americans into poverty. even as president biden himself on sunday has suggested he maybe open to some concessions over work requirements. that s certainly an issue that is expected to come up in the meeting today. this all comes as treasury secretary janet yellen rea

Transcripts for CNN Inside Politics With John King 20240604 16:34:00

i brought in ensure max protein with 30g of protein. those who tried me felt more energy in just two weeks. uh. here i ll take that. -everyone: woo hoo! ensure max protein with 30 grams of protein, one gram of sugar. enter the nourishing moments giveaway for a chance to win $10,000. some important insights on how house republicans see today s big white house debt limit meeting between president biden. kevin mccarthy this morning usualing his fellow house republicans to stick together to maximize their negotiating leverage. the speaker insists the only way

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