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More likely to reporh finat such financial strain. not good. now, meanwhile, the squasqd, they're threatening riots if biden agrees to spending reductionsesiden. but if the president agrees to spending caps or agreesto to work requirements on certain social security, it's goint gle. to be a problem. from our i think there would be a huge backlash from our entire house democratic caucus. certainly the progressivesressit >>so in the streets. >> well, jay lau, a backlash in? the street s. >> that's not what cnn's b new polling is showing. our brand new poll conducted by sars shows that a majority...

Are very far apart when it comes to agreeing on how much money they think the federal government should be spending over the next several years. at the cornerstone of this negotiation has been the question of not just raising the country's borrowing limit, but what negotiators would agree to when it comes to spending caps. and that remains the key sticking point. i talked repeatedly yesterday to garret graves and patrick mchenry, two of the leading republican negotiators, and they said both sides remain very far apart. kevin mccarthy echoed that once again this morning saying these talks have ...

>> they seem upbeat and optimistic, but as you mentioned the clock is ticking. just nine days to go, that's a week from thursday. let's get right to where the sticking points are and what they are trying to work through, the biggest sticking point is whether the two sides can agree on the length and size of spending caps. white house wants to preserve the president's signature legislation like the inflation reduction act while speaker mccarthy wants spending cuts but not in defense.president biden issued a statement yesterday saying "while there are areas of disagreement, the speaker and i bel...

Biden is not reelected. >> new a.p. polling shows 76% of the country thinks biden is handling the economy poorly and 78% think the country is heading in the wrong direction. even hillary clinton echoing criticism of biden's fitness for resaying. >> his age is an issue and people have every right to consider it. >> adding he has a good record which exceeded expectations: so, in just the last few minutes, we have heard two of those areas of a possible path forward, the carried interest loophole and pharmacy benefit managers have apparently been taken off the table, illustrating just how quickly ...

The odds of reaching june 15th while being able to pay all of our bills is quite low. >> fair enough. let me ask you about one of the sticking points here. it does appear as if -- we heard president biden bring up revenue meaning taxes, maybe it's closing loopholes or maybe it's actually raising a percentage is it a hard and fast line? is the white house going to accept a deal on this to raise the debt ceiling that includes spending caps, but does not include any increased revenues or taxes? >> well, look, you know, the white house is negotiating in good faith with the republicans to try to fi...