31 and a half trillion dollars and counting every moment of every day. speaker mccarthy set to meet with the president to discuss the debt limit and other topics on wednesday. lucas tomlinson live at the white house with more on these upcoming critical negotiations, good afternoon, lucas. lucas: mike, the white house confirm that is meeting will take place wednesday. the white house says it cover wide-range of topics, this one first face to face meeting with new house speaker and president biden. we will meet this wednesday. i know the president said he didn t want to have any discussions but i think it s very important that our whole government is designed to find compromise. i want to find a reasonable and responsible way that we can lift the debt ceiling but take control of the run away spending. democrats have a position. raise the debt ceiling and pay the bills. we are not going to negotiate with ourselves. if the republicans want to put something on the table and sa
31 and a half trillion dollars and counting every moment of every day. speaker mccarthy set to meet with the president to discuss the debt limit and other topics on wednesday. lucas tomlinson live at the white house with more on these upcoming critical negotiations, good afternoon, lucas. lucas: mike, the white house confirm that is meeting will take place wednesday. the white house says it cover wide-range of topics, this one first face to face meeting with new house speaker and president biden. we will meet this wednesday. i know the president said he didn t want to have any discussions but i think it s very important that our whole government is designed to find compromise. i want to find a reasonable and responsible way that we can lift the debt ceiling but take control of the run away spending. democrats have a position. raise the debt ceiling and pay the bills. we are not going to negotiate with ourselves. if the republicans want to put
something on the table and say this is what we want to cut, then we can have a conversation but that s where we are at in the negotiation. the new republican chairman of the house foreign relations committee says the u.s. military budget will not be on the chopping block. i will not sit back and watch our defense being cut at such a dangerous time in our history. you have one dictator, largest invasion since world war ii, the other dictator threatening the pacific that the greatest generation liberated. lucas: mike, moments ago we got something from chad, february 8 to discuss twitter s effort to downplay story of hunter biden s laptop. mike: 31 and a half trillion dollars. it s hard to wrap your mind around that number. give us some context. with higher interest rates, the interest payment on
done in the two years and i bet he will get more done in the next two. mike: critical face to face on what is expected to be hot issue between now and june or so. well, i think it s good that president biden wants to come to the table this early. i think one of the points that speaker mccarthy has made and couple of democrats have made and take ridiculous point that republicans want to chop social security and medicaid. it s been a talking point. the difference that we are with trump with the debt ceiling, debt limit and joe biden is we had 7%, 8% inflation fueled by democrats reckless spending. for two years democrats could have solved the problem, they didn t, republicans are willing to come to the table to get this done, make good on the money we ve already spent here, raise the debt limit but there has to be talks and rein in inflation and rein run away spending.
mike: here is texas senator ted cruz from earlier today. there s an entirely different level that we need to know which is whether any of the classified documents that joe biden had illeillegally in multiple locats involve his own family s business activities and potential corruption. mike: jonathan, how do you respond and what about the questions being asked about the president s handling of those documents? i think the stark difference between how the two are handling is president biden has worked with the justice department, he s worked with t the national archives, he said i m going to be fully open and transparent with them, we not going to talk about it or tweet about it because it is irresponsible to do. i know it is boring for us when we want to cover something but there s big difference how president biden is handling in responsible way and how donald trump who has lied, deceived and ignored subpoenas also i hope ted cruz is just as concerned if