Transcripts for CNN The Lead With Jake Tapper 20211006 20:04

CNN The Lead With Jake Tapper October 6, 2021 20:04:00

to the floor without any type of filibuster or blocking of the legislation but in agreement for just a short-term lifting of the debt ceiling but specifically tied to a number. that could be a dangerous political position because republicans could use it in the 2022 midterms saying democrats were willing to raise the debt by a certain amount. none of these are perfect options for democrats but defaulting on the u.s. credit is probably a much bigger problem which is why they are hashing out these options right now. >> ryan, thank you. let's go to kaitlan collins. is president biden open to one of these compromise offers? >> so far, jake, the white house has not said, though we will hear from the press secretary, really, any minute now when she comes out to brief reporters. it seems like the white house is deferring to party leaders as they are meeting behind closed doors to go over this offer from mcconnell and see if they're going to accept it or offer a counteroffer or proceed as they have been earlier in the day. the big questions here the white house is facing when it comes to

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