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MSNBC Ana Cabrera Reports June 4, 2024 14:39:00

From a food perspective is finally appearing to for families who have watched grocery bills take an oversized bite out of their budgets. like chris roberts and his three kids, the last two years have been tough to swallow. we used to spend dollars, and now it s up to 60. it appears to finally be easing. so even not going up anymore, even just stable, does that make a difference? absolutely. reporter: the bureau of labor statistics shows food at home prices fell modestly month to month in march to april, the first time the benchmark has come down since september 2020. in south florida, some parents trying to capitalize ahead of the mother s day and memorial day holidays. are you guys planning to have a family meal? we normally do. ....

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MSNBC Andrea Mitchell Reports June 4, 2024 16:49:00

Credit worthiness. our credit rating as a nation could fall if we don t. that would lead to a spike in interest rates as financial markets turn away from our government s debt. as a benchmark for borrowing it could make it more expensive to get credit. the ultimate concern would be default. the government starts to straight up miss payments on what it owes the many people, businesses and governments owning u.s. debt. all the other things get worse in that case. even higher interest rates, more ratings downgrades, more government program cuts. none of this has happened because congress has moved to raise or suspend the debt ceiling in the last 78 times we have faced this. we will see if that becomes 79. thanks to brian chung for that great explainer. joining us now is mya mcguinness, the president of the committee for a responsible federal budget. it s good to see you again. we talked last week. we are now a week closer to the ....

Credit Rating , Interest Rates , Credit Worthiness , Debt Ceiling , Government Program Cuts , Mya Mcguinness , Committee For A Responsible Federal Budget , Brian Chung ,