the l or barista coffee and espresso system. a masterpiece in taste it s opium in washington. there is still no deal to raise the debt ceiling, and at this hour, house republicans are holding a wig meeting to discuss what the process will be over the next few days, if in fact a deal is reached. president biden told reporters today that he is optimistic that a deal can be finalized tonight. with regard to the debt limit, i think they re looking good, very optimistic. i hope we will have some cool or evidence tonight before the clock ticks 12, that we have a deal. but it s very close. and i am optimistic. i am hopeful we will know by tonight whether we re going to be able to have a deal. all right, so settle in. this might be a long night for us. white house and house republican negotiators and look closer to a deal in the last 24 hours as we reported last night. this morning republican house speaker kevin mccarthy had this to say. i thought we made progress yes
here, i got to the point where no one had any idea what was happening behind closed doors in the debt ceiling negotiations. so i offered a wild guest, because that s all anyone was doing. and it is turning out to be pretty much based on pure guesswork and i came up with tuesday night and so i m hoping this thing kind of stays in this direction you say it s pure guesswork, but that s also someone who is a veteran of capitol hill and has seen negotiations and knows what they look like and also understand the stakes. that s the most important thing. here not just the political stakes, but what it would mean for the u.s. economy if we were to default. so we have congressman jim mcgovern, former chairman of the house rules committee, y all important house rules committee, now the top democrat on the committee joining us tonight. and we ll get the update from him as best he can reveal it at this point of exactly what the state of play is on the debt ceiling, above which i am
things were developing. that default was not an honest. and mccarthy even had said that it would be, quote, possible to get a deal by the end of the week, last week. this past week. signs of renewed discourse bill back out yesterday when republican aides paused the discussion saying that it was, quote, not productive. democrats and republicans remain far apart a number of issues including spending cuts and work requirements for federal mccarthy said is a red line for him. talks between congressional republicans and the white house have yet to resume. yesterday mccarthy made his disadvantage faction public, reading, 12. president biden doesn t think that there is a think oh-dollar saving to be found in the federal budget. he would rather be the first president in history to default on the debt rather than upsetting the radical socialist calling the shots for democrats right now. mccarthy s three conveniently of re-norms the fact that republicans nor democrats under a presi
that a deal can be finalized tonight. with regard to the debt limit, i think they re looking good, very optimistic. i hope we will have some cool or evidence tonight before the clock ticks 12, that we have a deal. but it s very close. and i am optimistic. i am hopeful we will know by tonight whether we re going to be able to have a deal. all right, so settle in. this might be a long night for us. white house and house republican negotiators and look closer to a deal in the last 24 hours as we reported last night. this morning republican house speaker kevin mccarthy had this to say. i thought we made progress yesterday. i want to be progress again today, and i want to be able to solve this problem. now speaker mccarthy has been given more time to solve this problem. treasury secretary janet yellen said today the protected debt ceiling deadline is now june 5th. in a letter to congressional leaders, secretary yellen wrote, during the week of june 5th, treasury is schedul
doctor is a professor at ufc san francisco s collaborative research group. inventing new standards and reproductive, health a professor at advancing new standards of reproductive health. the author of no real choice, how culture and politics matter for reproductive autonomy. robbyn marty is the operations west alabama woman. center also the author of the new handbook for a post-roe america. i will discuss the latest on the debt ceiling standoff with democratic senator, chris coons of delaware. he says that defaulting would have a quote, catastrophic effect on the country and must be taken off the table. another hour of velshi begins right now. good morning, it s saturday may 20th, as the old saying goes, if i don t succeed, stop following the republican playbook. you would think that after just one bat election cycle, the gop would have regrouped and reassess its shortcomings so it could rebound. but it s been nearly seven years since the republicans last truly significan