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White House Meets with Poor People's Campaign

White House Meets with Poor People's Campaign
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CNN CNN This Morning June 4, 2024 11:21:00

That will put him out of the country as all these fights are going on. it is a tight schedule. there s a lot at stake. the white house is warning that a protracted default could wipe out 8 million jobs, cut the stock market in half. joining us now for more on this light, casual conversation, president biden s senior adviser and infrastructure implementation coordinator, mitch landrieu. thanks for being here. great to have you. given we re so close to that warning date that janet yellen talking about, has the white house planning for what a default would look like? the first thing to remember and understand this is a manufactured crisis. since the beginning of the 60s, 78 times the debt limit has been raised, and under president trump three times without preconditions. so this is really a manufactured crisis, during the regular budget process, you covered this, we all have arguments about what we re going to spend, what we re going to cut, how are we going to finance the government, ....

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