that no agreement has been reached. both men had met earlier this morning and before the talk said sounded a note of optimism. they have just ten days left to reach a deal to increase the government borrowing limit or trigger a default. from new york. even before president default. from new york. even before president biden - default. from new york. even before president biden with i before president biden with house speaker kevin mccarthy negotiations were once again around the table trying to strike a deal to avoid a default. sources say the white house is now offering to keep spending flat from this year to next. while republicans, they say they want to increase defence spending while cutting everything else by up to 22%. treasury secretary janet yellen confirmed over the weekend that june one is the hard deadline when the government can no longer pay its bills. and the deadline for a deal may actually be sooner in order for it to pass the house and senate in time. there
we start in new york where former us president, donald trump has been found liable for sexual abuse and defamation in a civil case brought by the magazine writer e jean carroll. a unanimous jury took less than three hours to award ms carroll five million dollars in damages. but it rejected ms carroll s more serious accusation of rape. the writer had claimed donald trump attacked her in a department store in the 1990s, which he denied, labelling her a liar. our new york correspondent, nada tawfik has been following events. our new york correspondent, nada tawfik has been ejean carroll did not speak as she left the court, but her smile said everything. it took thejuryjust under three hours to rule in herfavour, they did not find that donald trump raped her, they unanimously agreed that he sexually abused her and then defend her when he accused of being a liar. for all the women who have been abused across the country, this trial is a step forward towards justice. he is official
that no agreement has been reached. both men had met earlier this morning and before the talk said sounded a note of optimism. they have just ten days left to reach a deal to increase the government borrowing limit or trigger a default. from new york. even before president default. from new york. even before president biden - default. from new york. even before president biden with i before president biden with house speaker kevin mccarthy negotiations were once again around the table trying to strike a deal to avoid a default. sources say the white house is now offering to keep spending flat from this year to next. while republicans, they say they want to increase defence spending while cutting everything else by up to 22%. treasury secretary janet yellen confirmed over the weekend that june one is the hard deadline when the government can no longer pay its bills. and the deadline for a deal may actually be sooner in order for it to pass the house and senate in time. there s another
for raising the government borrowing limit as a potential default looms. after the meeting, the house majority leader kevin mccarty insisted his party was acting responsibly and said mr biden hadn t offered any new options. the president has accused republicans of holding the country hostage to pass extreme cuts. this is what the us president had to say just a few minutes ago. i had ihada i had a productive meeting about the path forward to make sure that american does not default on its debt for the first time in history. i am pleased but not surprised to have republican minority leader of the united states senate saying at our meeting that the united states is not going to default, never has, and it never will. default, never has, and it neverwill. he default, never has, and it never will. he is absolutely correct. we continue, we agreed to continue our discussions and we are going to meet again on friday. in the meantime, our staff are going to meet today
you never know what is going to happen. the bill would keep the government funded through december. the government borrowing limit until the end of 2020 - 2022. open credit cards, republican senators are outraged. sitdown and pencil out what my democratic plans are, they are going to add 5 to $8 trillion more. if they are going to spend all the money on their own and they are going to pay for it on their own, ridiculous for them to think republicans are responsible to pay through debt for spending they plan to do on their own. they plan to vote on the measure later this week or next. on october 1st, we ve been here before, markets do not like that.