speaker kevin mccarthy has yet to issue a budget for the next fiscal year. but did manage to cobble together one frankenstein monster of a debt ceilin proposal this week mccarthy presented a sweeping 320-page bill tha would pair 4.5 trillion dollar in spending cuts with a 1. trillion-dollar increase in th federal dilemma that would kee the bill collectors at bay until march 24th, just in time for the campaign season to hea up the white house says thi spending cuts wish list tied t the debt ceiling is nonstarter meanwhile, golden sach economists are saying that the united states could crash th limit on borrowing for thing already purchase as early as the first week and june. mccarthy has a more immediat problem. the speaker doesn t have the votes just yet to pass his plan that snot good for a perso who only holds a four seat majority but took 15 ballots t win the gavel. still, he insists that congres won t allow the u.s. t default. sure, jan. joining me now, director shalan
raising the debt ceiling unilaterally, how could th president do that? so, jonathan, we have a lon record and we ve spoken to thi several times. we believe in congress has t do its constitutional duty and avoid a default in thi country. we have always paid our bills, we are a country who pays ou bills. that is a responsible thing to do, congress and a bipartisa way to three times with th last president, and they nee to do it again one of the things speaker mccarthy is saying is that h won t sit down and negotiate he said he would, but we haven t talked since earlier this year. now that speaker mccarthy ha released his debt ceiling plan why won t the president si down and negotiate with speake mccarthy the last we checked get sealing and making sure we don t default on our debt an we risk the full faith of th united states has been taken off the table. especially not by hous republicans. as you mentioned, 320 page bil that says, will avoid default,