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progressive democrats will get their chance to sound off at a news conference later this hour. the chair woman threatening repercussions far from washington if president biden gives in to gop demands for spending cuts. >> i think it would be a huge backlash from our entire house democratic, you know, caucus, progressives, but also in the streets. >> sandra: and the dow did take a hit over a lack of progress on those debt talks. here you have it, down for the entire session at the moment off 200 points as we head into the last couple hours of trading, we'll be watching it. welcome bac...

humanitarian crisis, this chaos, this crime, it is a total abdication of presidential responsibility. biden did just not fair prepare the chaos he is predicting more of it. it is unacceptable, inexcusable. and frankly, the seat if the exact same pattern of behavior with afghanistan, the debt ceiling and now this is far as i am concerned it is impeachable. it's going to be chaotic says biden. he might as well save himself the effort of standing up on that cold january day two years ago droning on about unity or whatever and made that his inauguration address. it's going to be chaotic....

accounts, nine biden's snouts the trophy is the corruption present but more than even any of this biden is the non- president where we need action there is a vacuum. when there is strength we need there is weakness where there's leadership there is a shallow hollow husk. he personally causes the worst foreign policy humiliation in america for at least half a century what is he do? blame trump. in january kevin mccarthy called for negotiation on the debt ceiling said let's not leave it until the last minute he passed a bill to raise the debt ceiling what does biden do? blame republica...

humanitarian crisis, this chaos, this crime, it is a total abdication of presidential responsibility. biden did just not fair prepare the chaos he is predicting more of it. it is unacceptable, inexcusable. and frankly, the seat if the exact same pattern of behavior with afghanistan, the debt ceiling and now this is far as i am concerned it is impeachable. it's going to be chaotic says biden. he might as well save himself the effort of standing up on that cold january day two years ago droning on about unity or whatever and made that his inauguration address. it's going to be chaotic....

that does it for us this hour "katy tur reports" starts right now. >> good to be with you, i'm katy tur, after a two-week break, congress is back to work, and boy is there a lot to do there is the debt ceiling, which still has not been raised. speaker mccarthy is in new york city today, courting wall street and arguing massive cuts to spending will be good for everyone he wants to get rid of a lot, and he's playing a game of chicken with the white house we're going to explain what mccarthy is doing by showing up in manhattan and why the speaker is betting president joe biden will u...