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the emphasis is now on the education of members about a default. that's why bankers like jamie dimon of j.p. morgan chase and jane fraser of citi group met with chuck schumer along with other senators today. >> mr. dimon, did default come up? what was your message to the leader? what would it do to the banking system? >> actual default would be a disaster. it's been said over and over, you're just repeating it. >> are you optimistic about a deal? >> let them worry about that. >> this is where wall street meets main street. the lead negotiator spoke today at the capitol. a sticking po...

is about the outlines of what the budget will look like. not about whether or not we're going to in fact pay our debts. >> mccarthy says that they will reach a deal but says was biden has left congress in a race against the clock. >> you know what i told the president 105 days ago? i had no conceived notion of what to do except two things. we're not going to raise taxes and we won't pass a clean debt ceiling. but we have to spend less than what we spent last year. let's talk about that. he decided no, i shouldn't negotiate with somebody. i'm going to do what i want to do. my way or t...

trillion could soon approach the size of the defense budget. let that sink in, neil. president biden is calling for more taxes on the rich. he speak recently in virginia beach. >> i want to make it clear, i'm going to raise some taxes. any of you who are billionaires out there, you're going to stop paying 3%. not a joke. >> biden met with kevin mccarthy just once since he became speaker and with a debt of over $31 trillion, many republicans are concerned about potential cuts in national against, a time when the biden administration is arming ukrainian forces with billions in american...

ALBAWABA - In a collaborative effort, Democrats and Republicans within the US Congress have come to a consensus on a $1.59 trillion spending deal aimed

The pentagon says is aging and is needed upgrades to the tunes of billions ever dollars. >> and jfk cut taxes and shortly after his death. that was then. lucas thank you very much. i raised this issue with joe manchin, as i said the west virginia democrat. i saw democrat for now. he's been very, very critical of this idea that we have to keep going back to the same old democratic raise taxes, but the debt nightmare back and forth between both parties, he doesn't think we're coming to default. >> i don't think that will happen. i think we all come to our senses. we're going to pay our debts for...