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Transcripts For MSNBCW The 20240706

joe biden and kevin mccarthy have still not reached a deal that would break the stalemate over the debt limit. tonight, they did meet one-on-one in the oval office hours after the treasury secretary janet yellen issued a another stark warning. yellen says it is quote, highly likely the treasury will no longer be able to satisfy all of the governments obligations if there is no resolution by june 1st. meaning, we cannot pay our bills, even though they was some agreement, kevin mccarthy says the sides are going to keep talking. i think the productive part was who was in the room, narrowing what we re talking about, we re not talking over each other we re not saying, oh let s bring something new into the discussion, let s not oval raising taxes that s been off for a long time. we literally talked about where we are having disagreements and ideas, so to me that is productive, not progress but productive. so we re asking the staff to get back to run through those ideas to see if

Transcripts For BBCNEWS BBC 20240706

hello, i m sumi somaskanda. we start in washington tonight, where negotiators have been working to avoid a us debt default. negotiations have been described as productive but there s still no deal. earlier, presidentjoe biden and speaker of the house kevin mccarthy led talks on raising the debt ceiling to ensure the us can continue to pay its bills. biden and republican congressional leaders now have just ten days to avoid a default. president biden said: wwe reiterated once again that default is off the table. and the only way to move forward is in good faith toward a bipartisan agreement. kevin mccarthy spoke outside the white house and the bbc s nomia iqbal was watching. he said the meeting was productive. he said the tone was good. he appeared in an upbeat mood and he said there was still a way to go before they make a compromise. he did say that he believed the president does want to make a deal. bear in mind, we are fast approaching the deadline, and if a deal is

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