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at the white house for the third time to discuss the debt ceiling. this comes a little more than a week away from the treasury secretary's so-called hard deadline for default. white house correspondent jacqui heinrich starts us off live tonight from the north lawn. good evening, jacqui. >> good evening, bret. we are expected to hear something each side following this meeting which has happened after every other meeting. it is speaker mccarthy's first solo meeting with the president, after talks fell apart last week and both sides exchanged barbed over the weekend. >> treasury secreta...

Programs and the aging of our society. and so we do need reach political consensus on how to address that. those debt forecasts are certainly not going to be sustainable and not put news a strong competitive position. >> bret: we love having federal reserve officials like yourself and others on the show to kind of explain behind the scenes, lift the curtain a little bit there is a lot of people at home who say i don't understand what the fed does and how much control it has over the economy. if you are talking to somebody on the couch at home, how do you explain it to them? >> we want to manag...

Name is jim, he was a campaign manager, and an extraordinary person who always -- he would talk about bay area, about the coalition and he would always talk about the need to recognize that within the community there are real hierarchies based on race. since those days to today, we know in terms of hiv, aids rates among black men in particular, it is still much higher because the hierarchy still exists within the community around access to health care, housing, employment and things of that nature. as president, i will deal with all of those, but also we need to deal with it in the context of ...

In how quickly it can raids rates. the public -- can raise rates. the public is outraged if you raise rates too quickly. >> or cut days of service. ahead, a little man with a big heart will host the oscars in 2019. we'll tell you what. ♪ introducing the new capital one savor card. earn 4% cash back on dining and 4% on entertainment. now when you go out, you cash in. what's in your wallet? of every great meal is always the potato?t bite that's why it should always be an idaho potato. only genuine idaho potatoes have the perfect taste and texture to get your meal started right.

The difference between legalization and decriminalization. >> ten years ago portugal decriminalization, they took the criminal penalties out for possession of all drugs across the board up to a certain point. but the hardest drugs you can imagine, those are no longer illegal in that country. all the way up to a certain point. this was a decade ago. beyond that point, you have enough quantity, you're a dealer, special laws for you. those in this country overfilling our jails, they said we're going to stop arresting and putting these people away. instead what we're going to do is have a huge sav...