optimism among the leaders, who are hopeful a deal to raise the us debt ceiling is within reach. on monday, us treasury secretary janet yellen warned again that the us could run out of money by the first ofjune if congress fails to raise or suspend the debt ceiling. if it defaults on its debt, it will have broad and severe impacts on the us and other global economies. president biden remains confident economic catastrophe will be avoided. the policy differences between the parties should not stop congress from avoiding default. i made clear again at today s meeting that default is not an option. america pays its debts, pays its bills, and we will have plenty of time to debate the policy differences, but the country has never defaulted on our debt and we never will. 0ur north america correspondent nomia iqbal has more from the white house. this meeting lasted for more than an hour. and like last week, both sides came out and gave their version of events. the speaker of the house,
us presidentjoe biden says he ll cut short a planned tour of asia this week as he negotiates to avoid a us debt default next month. biden held emergency talks at the white house with congressional leaders earlier, including republican house speaker kevin mccarthy. it ended with cautious optimism among the leaders, who are hopeful a deal to raise the us debt ceiling is within reach. on monday, us treasury secretary janet yellen warned again that the us could run out of money by the first ofjune if congress fails to raise or suspend the debt ceiling. if it defaults on its debt, it will have broad and severe impacts on the us and other global economies. president biden remains confident economic catastrophe will be avoided. our north america correspondent nomia iqbal has more from the white house. the meeting i sever more than an hour and the meeting i sever more than an hourand like the meeting i sever more than an hour and like last week both sides came out and gave their version of eve
again that the us could run out of money by the first ofjune if congress fails to raise or suspend the debt ceiling. biden remains confident economic catastrophe will be avoided. if it defaults on its debt, it will have broad and severe impacts on the us and other global economies. may policy differences between the parties it should not stop congress from avoiding default. i made clear at the s meeting that default is not an option. america pays its debts, pays its bills, and we will have plenty of time to debate the policy differences, but the country has never defaulted on our debt we never will. 0ur north america correspondent nomia iqbal has more from the white house.
skeptical of the notion that there are white national s in the military, before our colleague, julie tsirkin had in this segment. thank you very much. and ahead, from pardoning january 6th rioters, pardoning a man convicted of murdering another man. what some republican leaders are saying they will do to the rule of law. first, though, who gets hit the hardest if the government defaults on its debts? t defaults on its debts? choosing a treatment for your chronic migraine - 15 or more headache days a month, each lasting 4 hours or more - can be overwhelming. so, ask your doctor about botox®. botox® prevents headaches in adults with chronic migraine before they even start. it s the #1 prescribed branded chronic migraine treatment. so far, more than 5 million botox® treatments have been given to over eight hundred and fifty thousand chronic migraine patients. effects of botox® may spread hours to weeks after injection causing serious symptoms.
do. one state they fled to was the united states treasury, consideredt(i]qriskless asset in our system. t defaults, the entire financialok order is upended. that means the u.s. dollar is wor. that means retirement accounts of tens of millions of americans. democrats have been clear. you cannot hold hostage the faith and credit of the united states. we needqñv limit raise. we are happy to then do the b=u they have no budget and no xdpl. real quick. are there some republicans you think can be convinced of that r argument, that would vote against what speaker mccarthy wants? we have to do thate1 to get this to pass the house. we need republican support to dq the right thing. is there any movement there? i think the gop needs to put