Magic 218 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

raised. >> it's nonnot an acceptable situation for us to be able to pay our bills. >> that's treasury secretary janet yellen, reiterating her belief that the united states will go into default if the debt ceiling is not raised in just nine days. it comes as president biden and house speaker kevin mccarthy are set to meet again today in hopes of hashing out their growing differences on the budget. also ahead, we'll recap the president's trip to japan for the g7 summit, which included a meeting with the ukrainian president. plus, we've got new reporting on turmoil inside the trump ...

wild fair fire -- fire across the u.s. president biden set to make his first trip to the southern border this sunday. the visit comes after two years in office and more than 4 million migrant encounters. is it too little too late? more on those stories throughout the hour. first a fight for the speaker's gavel enters day four. republicans remain divided after 11 rounds of voting. the most since 1859 as lawmakers hint negotiations could last through the weekend. i'm dana perino. >> bill: i'm bill hemmer. kevin mccarthy still not able to strike a deal with 20 conservative hold-outs. 12...

When you look at what the markets did last week, they almost felt like a deal was baked in. the question is going to be does one of the indexes drop a thousand points? if that happens, you can see people start to move. if not, there's that discharge position in the house that would need some republicans to come on board. there are 213 democrats on that petition expected by the end of the day and they would need that magic 218. you'd have to have some moderate republicans get very nervous that a deal is not going to get done. >> two things caught them by surprise. as you say, republican unity b...

Thinking. that they will have to have. it is not just a five-seat majority. that everyone has to work together and the entire conference has to learn how to do that. we could see, guys, remember, fewer members here in person today and that would definitely change that magic 218 number to a lower threshold. we'll see what happens today. >> dana: thank you so much. let's bring in shannon bream. anchor of "fox news sunday." we love the new prom owe. we want answers from you. 10:15 a house republican member-only call. then the vote starts at noon. reports from mccarthy's camp he thinks that they a...

Move closer to january. he need to hit that magic 218 number then. it was sort of a metric for how powerful he is now. the number he got today. now we have to see him actually hit that number come january. >> can i throw one out for the beltway insider nerds out there. congressman tom emmer is also going to be in republican leadership. beating out jim banks for that position. sort of interesting. >> yeah. pretty interesting especially because we watched a lot of trump insiders trying to coalesce around banks but with emmer, it's fascinating because he was in charge of republican efforts retake...