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WBAL Radio 1090 AM - Key questions and takeaways from the debt ceiling deal

Takeaways on the deal President Joe Biden and House Speaker Kevin McCarthy struck to raise the debt ceiling and avert a potential government default.

Takeaways on the deal President Joe Biden and House Speaker Kevin McCarthy struck to raise the debt ceiling and avert a potential government default.

On Monday's broadcast of "CNN This Morning," White House Communications Director Ben LaBolt reacted to concerns about the debt ceiling agreement from the | Clips

President, speaker must now get framework through Congress

Budge in this negotiating process as you very well laid out, who do you think is gonna have to swallow the hardest? >> we i actually think, michael, there will be a number of folks who have to hold their nose and vote for this deal, frankly. and i think including folks in the democratic caucus if you can expect not just some members of the progressive -- the commercial progressive caucus, but also members in the republican conference, or the freedom congress, i heard your conversation with -- ea...

There that could be a problem for the administration? >> members, a member, ive texted every single member in myself phone, mister chairman, saying was this really necessary? how do you really think? what are your thoughts? like our recording, members are saying, we want to see the text. i think that is very notable. democratic members of the house, and even some members of the senate in the democratic caucus, came out very forcefully with statements when they saw work requirements were on the t...

The deal struck Saturday night offers a lot for the two parties not to like, from expanded work requirements for food stamps opposed by Democrats to higher spending levels than conservatives demanded.

Is work ahead. they need to get this through this house. you just noted, michael, there are some hard-line republicans who are not going to accept this deal, it sounds like, at this point. because it doesnt have enough spending cuts or it is not what they thought it could be or should be. there will certainly be some democrats and members of the progressive caucus who will not support this or potentially wont supported because of the work requirements. the specifics on that are still being repor...

The two leaders now must convince their parties that the agreement is a better deal than the global economic consequences of default.