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CNN New Day With John Berman and Brianna Keilar September 29, 2021 12:08:00

oh, look, the treasury has been engaged, they call it extraordinary measures in order to get to the 18th which is what secretary yellen told us was the x date yesterday. i don t think of them as extraordinary anymore. there is a pressingly ordinary because we have been here before. default is not an option. and the idea that republicans are playing political games with the economy s future, not just the american economy, the global economy, we re talking about a trillions of dollar treasury market, the full faith and credit of the u.s. government, the idea you re playing political games with that when there is still a pandemic, it is unconscionable and default is simply not an option and leader schumer is doing everything he can to get around this self-imposed republican-imposed obstacle, i should say. several years ago, when the government got very close to this precipice, it cost american taxpayers dearly. how much do you think this game of chicken will cost american ....

United States , Secretary Yellen , Of Making Transformational , Dollar Treasury Market ,

CNN New Day With John Berman and Brianna Keilar September 29, 2021 12:48:00

Outlived its usefulness. now this is easier said than done, but democrats in congress could raise the debt ceiling through reconciliation to an absurdly high amount, $100 trillion, which would effectively end the perennial threat. that s not the only card that can be played. while the constitution is clear congress controls taxing and spending, if they refuse to pays the debt to pay for their previous spend, the president could decide that it requires him to raise the debt ceiling. some sharp legal minds say that s backed by section 4 of the 14th amendment, which states the validity of the public debt of the united states authorized by law shall not be questioned. alternately, the treasury secretary could be given the power to raise the debt ceiling with congress able to override that increase. and there are other more arcane suggestions, like issuing new securities dedicated to paying our creditors or get this, the surreal idea of the treasury secretary issuing a trillion ....

Debt Ceiling , Will Congress , 100 Trillion , 00 Trillion , Joe Biden , United States , Treasury Secretary , 14th Amendment , Of Making Transformational ,

CNN New Day With John Berman and Brianna Keilar September 29, 2021 12:22:00

Talk a little bit about some of the intrigue when it came to donald trump and melania trump over allegations of him having affairs, including, you know, stormy daniels, grisham writes in this book after the stormy daniels story broke, i felt mrs. trump was basically unleashed. she had always been independent from her husband but now as a wronged and publicly humiliated first lady, she seemed liberated to do whatever she wanted or didn t want to do. tell us more about this. well, i mean, i think honestly this was always melania trump s mo, she made a very specific case to not have the east wing communicate with the west wing or not go off their lead. it became more intensified as grisham writes after the allegations of the affair. and i think it is interesting, people have this idea she was somehow trapped in the white house or crying in her gilded bedroom, my husband cheated on me, i think what grisham says here is what people said to me as i reported, she is not necessarily sad that ....

President Trump , Stephanie Grisham , Stormy Daniels , Didn T , West Wing , Of Making Transformational , White House ,

CNN New Day With John Berman and Brianna Keilar September 29, 2021 12:03:00

Kyrsten sinema, who may be key to all of this, was at the white house for three meetings yesterday including with the president. do you know what she wants? the readout from those meetings according to our press secretary jen psaki yesterday is that these were very positive conversations, moving forward towards reaching these goals for the american middle class. the idea of making transformational, generational investments in child care, in elder care, in roads and bridges, in clean energy, in saving prescription drug costs for the american middle class. these are the set of policies that all the senators who have engaged from the democratic side with the president have said are their priorities. as they work through this path, the readouts we re getting are quite positive in terms of momentum. but she s not on board. do you know what she wants in this bill and the price tag that she wants? so i think that we re in the midst of real time negotiations ....

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