plus, a bold attack inside russia. a freight train carrying crucial supplies blown off its tracks. americans are lonely and isolated. it is now a full-blown health crisis. that s what the surgeon general is saying as he opens up about his own struggles. out front out of cash? janet yellen issuing a stark warning that the united states will run out of money as early as june 1st. in a statement she writes, after reviewing recent federal tax receipts we ll be unable to satisfy all the government s obligations by early june and potentially as early as june 1st if congress does not raise the debt limit before that time. the white house and congress couldn t be further away from a deal. the white house wants to raise the debt limit with no strings
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pass what is something that you can pass that should at least begin the conversation about what path forward there could be in some sort of compromise between the two sides to get a debt ceiling bill passed. now, at this point the white house seems pretty entrenched that they are not open to negotiating this they want a clean debt ceiling with no strings attached, but at some point, there s going to have to be a reality check for all sides involved that the bill that the republicans passed yesterday has no chance of becoming law and that the democrats are really in a position where it s going to be very difficult, if not impossible for a clean debt ceiling to pass the republican-led house and there s going to have to be some sort of compromise this is a staring contest once again with both sides looking at each other and the other waiting to make the first move kevin mccarthy crossed a very important hurdle yesterday by demonstrating that he could marshal enough republican votes to get
off the table. he s not going to revisit that. so to tia s point, what else are you willing to compromise on? we re at this moment where this has been done. the white house position, you get it historically. this has been done, no strings attached. we talk about spending cuts in the budget conversation. it s happened 78 separate times. 49 times under republicans. but here s the issue. the economy is not behaving as it normally does. there are surprises all the time. why should our poll tibs be the same? the white house position is they should be the same. listen to this from a noted economist. it affects everyone from getting social security checks. you can get hyperbolic about how bad it would be. i would say i don t want to find out. so you have a democratic president, a president up for reelection, the u.s. economy is at risk here. and i would argue his reelection campaign is at risk even though they believe they can get republicans to take the blame.
in investors don t really care whose fault it is here. but if the long-term impact is that the economy suffers, then doesn t that push the president to try to negotiate a little bit here? i think you are going to see the pressure increase. the white house has said for weeks now, as you said, that they want the debt ceiling to be raised with no strings attached. it s not going to help that some of the social programs may have restrictions a as well if this passes, but long-term, it s the economy. we ll see. they clearly want to see if the republicans can pass this plan first. the white house has stayed back. we ll see what happens after the vote today if the republicans pass t the white house changes posture, we ll see. we ll hear from the president. president biden, the escalating nuclear threat will be another key issue. bplus the trial against donald trump, what they are saying. that s next.