either raise the federal debt ceiling or temporarily suspend it, saying failure to do so would cause irreparable harm to the u.s. economy. abc s em nguyen joins us from washington. this could impact millions of americans. reporter: right, exactly, whit. the deadline is in just five days and secretary yellen says raising the debt ceiling does not mean more spending but rather just allows the government to finance existing obligations, including tax refunds, military salaries, social security and medicare payments. if congress doesn t act soon, yellen says the treasury department will have to take, quote, extraordinary measures to avoid defaulting on the nation s $30 billion borrowing capacity. if it lead on it could lead to a shutdown. it s likely to trigger a bitter battle in the house who want to leverage negotiations to cut government spending and democrats. lawmakers say they should be able to raise the debt ceiling
night. i thought it was interesting that he didn t comment on whether he has the votes for that rose package. remember, it includes concessions that he made to members, conservative members on the house freedom caucus. some of the far-right, in his party, he did not say whether moderates would be able to accept those concessions and voted for that. it s kind of an open question here on capitol hill. and without that rules package, the really aren t any rules by which he can actually, i think you can answer the question to julie, because i think he knew the answer to that question you are posing. but a for effort, my intrepid correspondent colleague. thank you so much! let s go from there not to nbc s aly rafah who s at the white house with president biden s reactions to his speaker. when what we re hearing from the president today after that long contentious battle in the house? yeah, alex, what president biden left for a quick overnight trip to his home in delaware a few hours b
house races. in some cases the democratic opponent is outraising the republican opponent by millions of dollars and this matter because candidates are allowed to book cheaper air time than a committee or pack. and these are third quarter numbers, in georgia rafael warnock has 13.9 compared to herschel walker, 7.4 million and mark kelly has $2 million and compa compared to plaque masters and john fetterman has 4.2 million compared to memez oz s $2.5 million. there is a bright stretch in the midterms but they re still facing a battle in the house and the senate, bianna. interesting. thank you. well in about 30 minutes president biden will speak at the white house about reducing the deficit. this is as he tries to build
and that might be reforms to the electoral count act or reforms to how the powers of the presidency could be abused. but we also may have a hearing or hearings of how of a factual nature like you ve seen in the past where very much in daily, weekly discussions about this, we ve set a high bar and we want to make sure that any hearings that we have meet that high bar. final question, politically, heading toward the midterms, we had a surprise result in alaska and some trend lines in the polls. how confident are you about democrats potential for success in the midterms, especially in what would be a very hard-fought battle in the house. well i m feeling very on the i ve been very optimistic. i ve been helling our incumbents in a dozen or two dozen states in the last few months ago and candidates would tell me they re facing some real head winds.
legislative use of patient of the executive branch. i think jefferson was her 50 years by now. in all likelihood it was the threat that broke the deadlock that shift occurred sometime after saturday s final ballot it was delaware s baird to blake and he abstained. the state didn t go for either side, that is how jefferson wanted it. the final mystery of the election of 1800 as whether jefferson and his backers would ve sanctioned violence had he denied the presidency soon after taking office jefferson claimed there was no idea of usingnd force his remark screws little during the ongoing battle in the house he spoke of the seating of the federals misconduct of the hope that the behavior would ruin them and calling a second constitutional convention he probably would ve