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Transcripts for BBCNEWS Politics Live 20240604 10:35:00

confidence. however i think everybody negotiating this deal is fully aware of it so my expectation is if there is a government shutdown evenif is if there is a government shutdown even if we don t default that would be a huge shock to the us economy, the fiscal retrenchment would be so significant it could drive the economy into a recession quite soon and that is concerning because as you mentioned earlier we are already having to deal with the banking sector stress and the unprecedented increasing interest rates in the last 12 months. increasing interest rates in the last 12 months. really good to get our last 12 months. really good to get your thoughts last 12 months. really good to get your thoughts stop last 12 months. really good to get your thoughts stop i last 12 months. really good to get your thoughts stop i suspect - last 12 months. really good to get your thoughts stop i suspect we i last 12 months. really good to get i your thoughts stop i suspect we will talk about

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