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Transcripts for CNN CNN Newsroom Live 20240604 06:51:00

$1.5 trillion increase of 31 point. $0.4 trillion national borrowing limit. because he is proposing a slew of consequence ross, the board and federal program, including and ending president biden student loan forgiveness program, pulling back funding for the irs that was enacted as part of the democrats inflation reduction act also to impose new work requirements on medicaid and also southern social safety net programs. part of an effort, republicans argue, will help save money. but democrats say that this is a recipe for economic disaster. they are pushing back on this issue in the white house at the moment, holding affirmed, saying that there will be no talks whatsoever with speaker mccarthy and demanding he s simply raise the debt ceiling without any conditions attached. but talking to members in both parties, both parties are concerned with their leaderships approach to this issue. still struggling with it. still struggling with the fact that we $32 trillion in debt leaning now it

Transcripts for CNN CNN Newsroom Live 20240604 07:51:00

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