i hear some of you guys say is, why didn t biden say what a good deal this is? why would biden say what a good deal it is before a vote? you think that ll help it get passed? no. katrina els told me earlier that investors around the world are welcoming the news. so i think we ve seen a collective sigh of relief coming from international markets as a result of this tentative deal breaking. i think it really cements the fact that we will avoid that more calamitous situation of a us default which would have been absolutely awful for the us economy, but also for really increasing and ramping up those global recession risks, as well. but now that looks like it s off the table, thank goodness. there were worries though that some of these spending cuts that were in this legislation would weigh on the us economy? it ll only impact the margin when it comes to the growth perspective, meaning we are looking at fiscal policy being a bit less supportive over the next couple years, but i
i hear some of you guys say is, why didn t biden say what a good deal this is? why would biden say what a good deal it is before a vote? you think that ll help it get passed? no. katrina els told me earlier that investors around the world are welcoming the news. so i think we ve seen a collective sigh of relief coming from international markets as a result of this tentative deal breaking. i think it really cements the fact that we will avoid that more calamitous situation of a us default which would have been absolutely awful for the us economy, but also for really increasing and ramping up those global recession risks, as well. but now that looks like it s off the table, thank goodness. there were worries though that some of these spending cuts that were in this legislation would weigh on the us economy? it ll only affect the margin when it comes to the growth perspective, meaning we are looking at fiscal policy being a bit less supportive over the next couple years, but i
now congress failure to reel in post-pandemic spending is forcing the central bank to tighten credit, choke spending and heighten risk of recession. in reality, this is not debate about spending, but who is going to do the spe spending. todd: alexandria hoff has more. alexandria: june 1 is the day the treasury secretary janet yellen has given for when it is debt limit must be resolved, if not, world implications would follow. today president biden and kevin mccarthy will meet after what was called a productive phone call last night. i just finished a phone call with the president, he s flying back on air force one. we re talking about his trip there and positive things that took place and spent time talking about the debt ceiling and where we are and i believe it was a productive phone call. we can solve some problems if he understands what we re looking at. we have to spend less money. alexandria: the president arrived back from washington. in japan, president biden
talking about the beauty u north i will predict over th course of the year 2023 an possibly 24. before you have yourself an excellent. oh thanks to tom for joinin us tonight it was february 23rd of last year russia was on the brink o invading ukraine the midterm were just beginning to kic into high gear and this story broke in the ne york times two prosecutors leading new york trump inquiry resign, clouding cases future. two prosecutors in manhattan da s office quit out o frustration with the newly-erected elected alvi bragg was not being aggressive enough in prosecuting donald trump okay yes so that story now feels like it came from an alternate universe manhattan da bragg is now th first prosecutor to brin charges against former president over an alleged hush money scheme around the 2016 election so this picture of alvin bragg as a timid prosecutor afraid t take on donald trump, well that picture doesn t seem to fit the bill anymore for weeks alvin bragg has been the
up late with us. i will see you at the end of tomorrow it was february 23rd of las year, russia was on the brin of invading ukraine th midterms were just beginning t kick into high gear. and this story broke in the ne york times two prosecutors leading new york trump inquiry resign, clouding cases future. two prosecutors in manhattan da s office quit out o frustration with the newly-erected elected alvi bragg was not being aggressive enough in prosecuting donald trump okay yes so that story now feels like it came from an alternate universe manhattan da bragg is now th first prosecutor to brin charges against former president over an alleged hush money scheme around the 2016 election so this picture of alvin bragg as a timid prosecutor afraid t take on donald trump, well that picture doesn t seem to fit the bill anymore for weeks alvin bragg has been the victim of an onslaught slo of attacks on republicans, all eager to defend trump s. they ve used antisemitism an racist d