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to pay the bills. they will need to reach a deal with the new house republican majority by early june. otherwise, the u.s. will default on debt payments for the first time ever. at the white house yesterday, president kateri discussed a potential meeting between the president and speaker mccarthy. >> the president is looking forward to meeting with speaker mccarthy. we have been very clear about where we stand when it comes to the debt ceiling. i have been clear, the president has been clear. it should not be used as a political football. >> we have nbc news correspondent standing by...

“A systemic alternative will be organized with a program that allows the world of work to embrace all its heterogeneity and build the social and political alliances necessary to challenge for state power.”

>> the important thing to remember is that america must never default on its debt. they never have aaron never will. >> what do you make of what republicans outside of the house are saying about this debt ceiling? >> look, this is not theoretical. in the united states, the dollar is the default currency in the world. if we default on our debt, this would be a disaster. it is a simple test here. how did vladimir putin like the republicans to vote? there is nothing that would make him more happy than the united defaulting on its debt. it is really just an absurdity. we should not have a debt cei...

Approach. i think corporations should be paying a minimum if you're doing business in the united states. everyone that has the protection of this country should be paying. >> gop senator mitt romney says the rich would hide their assets and shelf money abroad. manchin met with president biden and chuck schumer in delaware over the weekend. manchin says the spending ceiling for him is $1.5 trillion. that's why so many programs likes environmental provisions and beefed up healthcare are out. charles? >> thanks, chad. inflation remain ago big concern. oil prices topping $85 a barrel before pullin...

We need to get a spending ceiling for the next two years because we're not likely to get a final budget out of a democratic senate and a republican house. we need to know how much we're going to spend the next two years, and that needs to be on a declining basis. then we need to do something mid-term, that is within what we call the budget window, within the next few years, both on 9 discretionary side and the mandatory side. and the mandatory side means entitlements. and we also need to do something long-term. i just mentioned we have over $50 trillion in unfunded liabilities. the president d...