just said. is there any real movement in this debt standoff? reporter: listen, wolf, all side are characterizing this meeting today as productive, but it s also very clear that with just 16 days until the u.s. could potentially default that these two sides remain very far apart. what we saw today, one of the key developments is that president biden has now appointed two of his top advisers, a counselor to the president and the director of the office of management and budget, to join the legislative affairs director in these negotiations with speaker mccarthy s staff, elevating the discussions essentially to a higher level. and what we have seen over the course of these staff discussions the last several days, they ve been working to define the contours of a potential deal. we know that there have been some potential areas of agreement but also some major sticking points that remain. and it s in that context that president biden has now decided to postpone the second portion of his fo
it after another before it goes to president biden s desk for a signature. look, staff discussions between the white house and the congressional leaders for speaker mccarthy. the staffer speaker mccarthy for leader mcconnell, for leader jeffries. have been meeting every single day since the four leaders met on tuesday in the oval office. i m told staff met yesterday for several hours. like they have the days before. they re gonna get together again later this morning to keep hammering out a deal here. what s on the table. of course kara mccarthy has behind him has some leverage of that house bill that he managed to pass a couple of weeks ago. several of his house members of course were hard to get on to that bill he is a very tight majority here. that is one of the challenges that he faces. i will say i spoke to some house republicans. they told me that bill was actually the birmingham that they d exempt but as we go forward and peril towards this deadline of june 1st which is
republicans who said, no way to a clean debt ceiling. so i am told staff discussions will continue today, in a couple hours, looking to get underway. and early next week, the four leaders will sit down together, we are told, to try and get something on the table here. julia, thank you. i will let you go, but we are gonna be talking about you in the next segment, because you had a remarkable exchange with senator tommy to brown, thank you for being with us. nbc s julie tsirkin, alone, a capitol hill. all, right the former captain football coach in alabama senator tommy to berm has been trying to explain itself all week after criticizing the pentagon s efforts to rig the armed forces of right white nationalists. his predecessor, the former senator doug jones is substantially clear on his views about white nationalists. he took on the kkk as united states attorney before becoming the first democrat elected to the united states senate for alabama in 25 years. he joins me, next on velsh
the president said the staff should get back together. but i was very clear with the president. we have now just two weeks to go. noi again, the president and those top four congressional leaders will sit down on friday. staff discussions in the meantime. treasury secretary janet yellen says they have weeks to broker a deal. treasury secretary says the u.s. may not be able to pay bills as soon as june 1st if congress and the president don t act. financial analysts say this will be catastrophic for the nation s global economy and global economic crisis certainly a possibility. they re warning it could cause a recession, cost millions of americans their jobs. our reporter is live at the white house this morning. hey, buddy. good to see you. my teammate, sorry. also biassed towards presilla. he is set to speak about the debt limit. the location is intentional. what do we expect? we expect that he is going to dig in his heels, too. i mean this is indig dif of
the growth element here is it s not just inflation, it s how much you grow. now the presumption is i m going to presume the inflation rate does in fact come down as the federal reserve says. so i don t think it s necessary. and again, all these charges, these are like the worst case washington monument is going to fall and stuff like that. the appropriators have not appropriated yet. and defense may be part of the negotiations, so it s just it s just very important. but let me just say one last thing, let me say one last thing. john: i don t buy that for a second. larry: no, no, despite biden s blarney, he s giving a political speech, ok, fine. the fact is, the more important thing is the meeting yesterday produced two decisions that i think lead to negotiations that there s a way out. first of all, they are going to have staff discussions. this is exactly how this happened, i went through it in