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BBCNEWS Asia July 6, 2024

a default could have on us and global economies. so how did washington get here and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a must pass piece of legislation to save the nation from economic catastrophe. so, what exactly is happening here? weeks to go before the federal government is unable to pay its bills. well, the us government spend more money that it brings in. so it needs to borrow money to pay its bills. it can only borrow a certain amount of money. and if it needs to borrow more, congress has to prove that. it used to be a routine thing, but not any more. republicans see this as an opportunity to extract demands, like cuts to affordable housing or other social security spending. but us presidentjoe biden says, no way. you need to pass this legislation with no strings attached. so off to the ....

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MSNBCW Way July 6, 2024

all. i look forward to bull durham s report. that s the one i look forward to. what happened to durham? where s durham? and by the way, where s durham? he disappeared. the long awaited durham report is now finally out, but it fails to prove the deep state conspiracy against donald trump that the former president and his allies claim that it would. we ll explain what it actually says just ahead. plus, an update on the progress of debt ceiling talks ahead of another high stakes meeting today at the white house. also we ll look at the latest on ukrainian president volodymyr you len skae s european tour aimed at restocking his arsenal. good morning and welcome to way too early on this tuesday, may 16th. i m jonathan lemire. thanks for starting your day with us. after four years of investigating the fbi s investigation into possible collusion between the trump 2016 campaign and russia, special counsel john durham finally released his findings yesterday. in a 300-page ....

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FOXNEWSW FOX July 6, 2024

our task force teams found seven deceased individuals on scene. we transported nine individuals to the hospital to area trauma facilities. of those that we transported, two have since died, three are in critical surgery and four are stable. reporter: so this all started just after 3:30 yesterday, a male shooter opening fire at the allen premium outlet about 30 minutes north of dallas. dozens of shots were reported as employees and shoppers scrambled if for safer areas, soming even getting a terrifying glimpse of the gunman. my mom and i were in johnson and murphy s shopping, is and out of nowhere heard about, like, 10 pops go off. i look at the customer next to me, i was, like, was that gunshots? no, probably just construction, and then we heard, like, 10, 15 more shots go off. and so i ran to the front of the store and we re like, no, that s shooting. there s this guy dressed in all black wearing a vest, has an assault rifle, and he s just shooting at people. r ....

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BBCNEWS Asia July 6, 2024

here and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a must pass piece of legislation to save the nation from economic catastrophe. so, what exactly is happening here? weeks to go before the federal government is unable to pay its bills. well, the us government spends more money that it brings in. so it needs to borrow money to pay its bills. it can only borrow a certain amount of money. and if it needs to borrow more, congress has to approve that. it used to be a routine thing, but not any more. republicans see this as an opportunity to extract demands, like cuts to affordable housing or other social security spending. but us presidentjoe biden says, no way. you need to pass this legislation with no strings attached. so off to the white house the two warring political parties go to try and work it out. ....

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BBCNEWS Asia July 6, 2024

so how did washington get here and what would happen if the borrowing ceiling is not lifted? my colleague samira hussain has been investigating. first of all, this debt ceiling crisis is actually a political crisis. itjust happens to hinge on a must pass piece of legislation to save the nation from economic catastrophe. so, what exactly is happening here? weeks to go before the federal government is unable to pay its bills. well, the us government spends more money that it brings in. so it needs to borrow money to pay its bills. it can only borrow a certain amount of money. and if it needs to borrow more, congress has to prove that. it used to be a routine thing, but not any more. republicans see this as an opportunity to extract demands, like cuts to affordable housing or other social security spending. but us presidentjoe biden says, no way. you need to pass this legislation with no strings attached. so off to the white house the two warring political parties go ....

Presidentjoe Biden , Debt Ceiling Stalemate , Co Working , Asia Business Report , Karishma Vaswani , Janet Yellen , Debt Ceiling , Business Leaders , Global Economies , Emergency Talks , Samira Hussain , Debt Ceiling Crisis , Borrowing Ceiling , Social Security Spending , Political Parties , White House , Social Security , Government Agencies , Thousands Ofjobs , Treasury Bonds , Sameer Hussein Reporting , Bump Up , Stock Price , New York Stock Exchange , Tribeca Investment Partners , Share Price ,