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Transcripts for BBCNEWS BBC News 20240604 01:05:00

are areas they are working on, work requirements is one area they have not been able to have an agreement on, and there is a whole other aspects of this deal. you had my quads in the audio earlier saying he wants to see the text. i have house conservatives, the freedom caucus, saying that they want to deal to review this, but right now what we are here hearing trickling out, we aren t happy about. there was one instance of the house for yesterday were conservative congressman, tim budget, had supposedly received a list from leadership about what parts of the agreement were, and house conservatives, freedom caucus members were walking down the stairs and saying they didn t like what they heard. tim burchett stop so there is an entire separate whip operation to make sure they can get enough house republicans and democrats to support it, once they come to an agreement with they come to an agreement with the white house. the white house. interesting. so some of the white house. int

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Transcripts for BBCNEWS BBC News 20240604 01:07:00

is actually pretty tough to save. i mean, this is a negotiation where you see so much posturing and behind the scenes frustration, i have heard it from republicans and democrats, they are upset that they do not know what is being negotiated, as michael rodd said, the details are really unclear at the moment. people are trying to find out, which leads to a lot of rumours and smoke and mirrors. but democrats, even behind the scenes, my colleague reported this, they are voicing concerns that the white house might be making, in their minds, too strong of a deal, in terms of work environments and spending, but they can t get in to their constituents, so it is all about working with two different parties and their interests colliding, and people not really liking what they might hear out of the plan. but nick henry, one of the negotiators, told us to wait until we see what the text is, because there is a lot of talk

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Transcripts for BBCNEWS BBC News 20240604 01:04:00

that s what many of us will want to see before we make a decision on how we re going to vote. let s speak about the latest on the debt ceiling negotiations. joining me now is olivia beavers, politico congress reporter. president biden had said we could know in the next few hours whether there is a deal, what have you been hearing about the latest on these negotiations? inaudible. all right. negotiations? inaudible. all right. it negotiations? inaudible. all right, it looks - negotiations? inaudible. all right, it looks like - negotiations? inaudible. all right, it looks like we i all right, it looks like we don t have sound there on olivia, olivia beavers, olivia, i think your sound is muted. can you hear me now? so sorry about that. i was at the capital earlier today, we were staking out and watching the negotiators walk in and out, they had a very mystic tone. they still sat optimistic tone. they still say that there

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Transcripts for BBCNEWS BBC News 20240604 01:06:00

more about what that would actually mean? actually mean? well, at the moment. actually mean? well, at the moment, there actually mean? well, at the moment, there has - actually mean? well, at the moment, there has been i actually mean? well, at the moment, there has been a l moment, there has been a different sort of topline tossed around. i had fiscal year 2022, with the addition of inflation, but basically, both parties are trying to find an area where they can land, democrats are trying to say they are not making as many cuts as republicans are pushing, we don t know what that will apply because you can play with the numbers a little bit, taking here and there. the school year 2022, same thing. house republicans, when they passed their plan, they had a top number of family trillions of dollars of cuts they wanted to see. that is why you are also seeing some conservatives walking out, saying that we re not seeing that same amount of cuts, we re not going to be voting to support

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Transcripts for BBCNEWS BBC News 20240604 01:01:00

we begin right here in washington d.c. where democrats and republicans are scrambling to close a deal on raising the federal debt limit. there is still no deal in place but as many lawmakers leave for a holiday weekend. president biden has hinted a deal might be not be too far away. with regards to the debt limit, things are looking good, i m very optimistic. i hope we will have some clearer evidence tonight, before the clock strikes 12, that we have a deal. but it is very close and i am optimistic. so according to the president, we might get the news of a deal in under three hours time. a top republican negotiator, patrick mchenry, says he s hopeful a deal will come together before midnight but significant challenges remain. earlier, the us treasury secretary janet yellen sending this letter to congressional leaders.

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