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The snake. >> that's that's kennedy. >> great job. so we have the debt ceiling. fo7 joe biden disappeared for ninety seven days. i argue he made a bet. >> a the bet was republicans in the house won't get a deal done. yep,i a grea they got it done, e way. i think a great deal . go back to twenty twenty two spending levels. >> yes. cap the the rate, of growth to 1% baseline budgeting. add in some energy measure s which we need desperately. it's it's scored by the cbo to save four pointouse. eight dollars billion. yeah. the senate is standing with thei house. yes.t needi don't think kevin mccarth...

>> it seems almost certain that we will not be able to get past early june. >> reporter: yellen saying she'll offer a more precise date to congress soon. late tonight house speaker kevin mccarthy saying, after today's negotiations, things are better than they were yesterday, still the stalemate is largely over spending with house republicans demanding significant cuts, while white house officials say they've offered to freeze current spending levels, but won't cut further to protect social programs. >> this is a manufactured crisis, plain and simple. that's what we're seeing currently. that's ...

As the federal government once again approaches its debt limit, House Republicans are right to be pushing spending cuts to begin addressing the nation’s ballooning debt. The Congressional Budget Office predicts that the federal government will spend $663 billion on interest payments this year, an amount projected to climb to $1.4 trillion by 2033. That’s…

There are voices on the left, perhaps the far left, that are very unhappy with joe biden for even talking to speakeralking mccarthy. is he facing any pushback from from from the leftist parts of the democrat party? >> no, that's great insidet is trade. i think that's exactly what happened over the weekend whens negotiations kind of brokedown down. i think it was the left, whichis unfortunately now controls the democrat party, the radical left. i think they got to joe bide pan because he was probably,he was l i think, willing to start moving in our direction on worki requirements and on the spe...

And the clock is ticking. kevin mccarthy even said they need a deal by this week in order to move this through the house and senate and avoid a default by june 1st. >> what are the major sticking points? is that clear right now? >> the biggest sticking point, we are told, is spending levels. republicans want to cap future spending at fiscal 2022 levels but they don't want to touch defense. in fact, they want to plus up defense. that would essentially mean a drastic cut on the domestic side of things. the white house so far only offering to freeze funding. sticking to current fiscal 2023 levels...