i m so happy to have sara sidner by my side today. kaitlan is off. five things to know for this tuesday, may 23rd. happening overnight, a u haul crashing into a security barrier near the white house. the driver arrested, facing charges of threatening to kill, kidnap or inflict harm on a president, vice president or family member. secret service says that crash may have been intentional. just nine days to go and still no deal in sight. president biden and speaker mccarthy saying they had a productive meeting, but still don t have a deal on the debt ceiling as janet yellen issues a sobering economic look. also new this morning, a stark warning for all parents, for all of us really, the u.s. surgeon general is now labeling social media a profound risk of harm for children. and the denver nuggets make franchise history, sweeping the los angeles lakers and advancing to the nba finals for the first time ever. lebron james is now reportedly considering retirement. and out of
Today on inside politics, in minutes, something we have never seen before. From any sitting u. S. President , joe biden stands shoulder to shoulder with picketers on The Front Line of a strike against detroits big three. His team hope ss to show a signf solidarity with unions and hopes it will pay dividends for workers and also for his own road map back to the white house. Plus the dam breaks. At least a dozen senators say bob menendez should quit, including his fellow senator from new jersey cory booker and lawmakers from swing states who face tough battles to keep their own jobs. And the line up is locked in. Tomorrow, seven republicans clash on a california debate stage. Im dana bash. Lets go head the behind the headlines and inside politics. Up first, history in detroit. This Hour Air Force one will land in michigan, where the president will head to the picketline. Auto workers are in the middle of a big fight over pay and whether they get a bigger piece of record corporate profits
we actually saw this in 2008. if you remember, initially congress voted down tarp, the controversial bailout of wall street. then the markets tanked. 7% in an hour, right. incredible. markets tanked, lawmakers came back and then they approved it. we are hearing from some experts on wall street and in washington that it might take some market turmoil to get congress do do the right thing here. i still remember that day, the market tanked 788 points. i was in an airport somewhere. everyone was looking at the screen at the close of the market. everyone. then congress got it together like they found religion the next morning. maybe they can find religion that quickly in this case. we re running out of time. i was listening to the report, they should raise the debt ceiling and promise to keep working. that s the cleanest, simplest, most sane thing to do, raise the debt ceiling but promise to keep working on debt deficits. long term all of that debt at higher interest rates will chok
did i miss some wonderful negotiation that s gone in the last week in which there s been some sort of achievement? no, there s been no negotiation. you know why? because the presidnt has chosen not to do it. you want to go back and talk about obama care. it s a much larger issue. we re talking about debt deficits and spending that our children and grandchildren for many years to come will have to pay. i m not disagrees, we ve conned that in my how and we ll continue. i just asked senator durbin. my point is this strategy was entirely predictable. why doesn t senator durbin urge senator reid to pass the bill that the house has already passed that fully funds not just in a partial clean c.r., but fully funds military construction and veterans affairs. take veterans off the table. we re not the ones using them as
you get a war funding budget. i think the best model probably is the first gulf war. you may remember in the first persian gulf war in 1991, we fired 43 patriot missiles and after the war they went back they asked for 100, but they wept back to get those funded over and above, and i suspect that if in fact you do fire a lot of them you can go back and ask for some more. but really in terms of, you know, we have already paid for what we will probably use, and those destroyers out there cost us about $1.8 billion, and each of the missiles is about $1.5 million, and that s in a $500 billion budget. another good model is libya. the laboren invasion that lasted 70 days cost us only $1 billion over and above what we had in the regular budget. here is the interesting thing about red line and red ink, if you don t get your debt deficits under control in the near term,