homeless people, and veterans were actually getting more protections and they were before. i would view that as an exchange that may happen to improve the s.n.a.p. program. so, earlier this week, finch readings put the u.s. credit on a negative watchlist. how will this sensitive deal impact that? well, look, we gotta get this deal passed. it doesn t do any good if it s just in agreement, in principle, but doesn t get to the presidents desk and signed. as the president said in a statement last nights, once we get the text release here, encourages both the house and the senate to move quickly to pass it. as you noted at the top of the segment, secretary yellen says that june feathers effectively the deadline here, with the possibility of default becomes very real. we have a bunch of steps to do before then. as long as we get this bill passed through the house, passed the senate, and signed by the president innovates by the deadline, we should ve
this tentative agreement? or not? another way was chosen. just to get that clear. yes, there or incentives here that if the 12 appropriations bills are not passed, and certain procedures taking place will effectively have a continued resolution. that is fairly consistent with prior practice. got it, okay. and short, the answer is yes. mr. ramamurti, why did the administration give working requirements for some federal aid recipients? well, it was more like a trade. as you noted there, there was number one, an attempt by republicans to impose work requirements on the medicaid program. this is something that would potentially jeopardize health insurance for more than 20 million people. none of that is in this agreement. there were certain work requirements that republicans were pursuing in the s.n.a.p. program, a narrow set of recipients. those were agreed to, but an exchange, the president was able to secure an expansion of the s.n.a.p. program so that s
progressives are going to have a lot of questions. particularly, around the s.n.a.p. program. work requirements. and the irs piece to. the funding for the irs was to make sure that the wealthiest among us pay their fair share. in taxes, which actually would help. so many low income communities. i think the president is going to make his case, and the overarching case that democrats have, in general. progressives and moderate democrats. a recession is extremely bad for the american economy, and the global economy. the republicans held hostage this raising the debt ceiling, which is their constitutional duty. in order for that to happen. unfortunately, we have a republican party that was willing to let our country, and some of them are still willing to let our country, slide into recession, people lose their jobs, lose their benefits, lose their pensions. all those key things, the list go on and on, to win some political argument that they can go on fox news about.
chief among them as of yesterday, work requirements. republicans want stronger work requirements on those benefactors of the s.n.a.p. program, food stamps, and democrats don t. now, this was president biden s response yesterday while leaving the white house, when asked what he should do, or really how democrats feel that he should not cave into the republican demands. take a listen to his answer. what do you tell democrats if they don t want you to bow on the work requirements, what s your position? so there we heard some chicken is from the president. we are sticky, he is optimistic. republicans are optimistic that something could happen even this weekend. but the deal would not be done if a deal is announced because we know that there s gonna be stiff opposition on both republican and democratic sides. so, it s gonna be up to both parties to really whip up an agreement and come forward with it, so that the votes are there. so that it can make the presidents desk before june 5th,