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Transcripts For CNNW CNN 20240706



head back because it s what five or six, seven in the morning there, and our teams are going to continue working. now, we have had a packed few days here at hiroshima and you think we have had productive meetings at the g7 summit. we also held the quad meeting in hiroshima rather than australia and important bilateral discussions with prime minister kishida of japan, prime minister albanese of australia and president zelenskyy of ukraine as well as the prime minister of india. this is my third trip to the indo-pacific as president and i look forward to rescheduling my stops in papa new guinea and australia later. i have spoken with the prime minister of papa new guinea and secretary blinken is traveling there to meet with the pacific islander partners and yi am goig to be hosting the leaders of the pacific islander forum in washington this fall because i won t be able to make it to papua new guinea. and prime minister albanese, we will have a state visit later this year ....

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Transcripts for CNN CNN This Morning Weekend 20240604 10:50:00

Getting within the progressive wing of the democratic party. democrats are not united on the approach right now, but just as speaker mccarthy has to keep his maga republican wing in line, so does president biden have to keep the progressives. so what we actually saw here, if we could take a few steps forward in our chess game with solving this very serious solution is a road where perhaps in the house kevin mccarthy can lose some maga republicans and president biden can lose some progressives. this has happened on some votes, by the way, towards a deal, you know, towards the 218, depending on who is there that day, that you need to get this. the other thing that i think is very interesting is that president biden made it clear that the 14th amendment, that is the public debt clause, is untested, and as we have been ....

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Transcripts for CNN CNN This Morning Weekend 20240604 10:49:00

the president put it quite plainly. quote, i am willing to cut spending in discussions he is having with republicans on the debt ceiling. he says it s the budget, not the debt ceiling. that s really a semantic game. the reason we are having this conversation is because he is trying to get the votes to raise the debt ceiling. gauge for us the degree of confidence that congressional democrats have in the president. as i said, there is some saying just go and make the 14th amendment play. are democrats on the hill confident that the president will not be willing to go too far in maybe some of those work requirements for federal aid as he says he is willing to cut a trillion dollar tlld? well, what we have here is the outlines of the outline. meaning without saying it, the president in talking about the 14th amendment is actually acknowledging the pressure he is ....

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Transcripts for CNN CNN This Morning Weekend 20240604 10:27:00

Anyway. so that s the context. reporter: [ inaudible question ] . that s under negotiation. i thought you said meaning would i sell some the answer to that is under discussion. jim, new york times. reporter: hi. mr. president, thank you. you speak a lot at these summits about the power of democracies to solve big problems. but i m curious in these meetings with world leaders how are you explaining the possibility that american democracy could cause a global financial crisis if the debt limit is breached next month? and i am wondering if you are offering them assurances, whether it s by invokek the 14th amendment or anything else, you will take whatever steps you need to make sure that doesn t happen? ....

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Transcripts for CNN CNN This Morning Weekend 20240604 10:36:00

I think there are some maga republicans in the house who know the damage it would do to the economy. and because i am president, and a president is responsible for everything, biden would take the blame and that s the one way to make sure biden s not re-elected. thank you. thank you, everybody. we have not come up with unilateral action that could succeed in a matter of two weeks or three weeks. that s the issue. so it s up to lawmakers. but my hope and intention is to resolve this problem, i find a rationale to take it to the courts to see whether or not the 14th amendment is in fact something that would be able to stop it. the press conference has ....

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