for its brutal aggression. the white house is being briefed on the debt ceiling negotiations back home. i will speak to a senate democrat leading the push for the president to bypass congress and raise the debt ceiling by invoking the 14th amendment. this hour, desantis versus trump. dueling positions on abortion, as the florida governor prepares to jump into the race as early as next week and signs four more bills positioning himself to the right in the culture wars. rising tensions over immigration boiling over far from the border. cities like new york run out of space to house migrants being sent north. it has overwhelmed our system. 65,000 people are coming to the city. a week and a half ago, we had 4,200. in one day, we had 900. the numbers are unbelievable when you think about it. good day, everyone. i m andrea mitchell in washington. president biden is balancing major domestic and foreign policy challenges while on the other side of the world. in japan today,
here we have kevin mccarthy who is saying, i get everything i want or i m going to run the economy off the cliff. that means millions of jobs will be lost and the stock market will crash, interest rates will go way up, affecting ordinary americans. what mccarthy is asking for in this threat to default on america is he is asking for cuts that affect ordinary americans at every level. their health care, their jobs, vote r veterans benefits. the foundation for ordinary american families to thrive. he also wants to unleash more fossil fuels on america while states like mine in oregon are burning up from climate change. these are unreasonable demands. the president has to have the option to say, these things go too far. they are not acceptable. i m not going to harm american families. i m not going to harm our transition to renewable energy. therefore, i m going to use the 14th amendment.
national association of business economic sound 34% of economists believe the u.s. will fall into a recession in 2021, that s up from 25% in february. democrats raising the alarm is just around the corner, senior adviser says the left is out of ideas of how to retake the white house. racism fails, let s try recession and this is where we are at now, this is nothing new. since before president trump was even elected. if you remember all of the economic geniuses one at mit says if president trump wins, the stock market will crash, that never happened, fear tactic, it s not going to happen because the rumors of trump s
the interest rate the government pays to finance the debt will rise. the interest rate you pay will go up on your car long, mortgage, credit car, all up. the increasing costs for consumers in businesses slows down their economic activity so we will see g.d.p. growth slow. and as the economy slows expect the stock market to react. pay attention on money it will be a value it will ride. and a slow down in economic activity means companies will not hire as many workers. drastic changes ahead. dave: thank you so much. and four and five could be up for debate, we are not certain if the stock market will crash, some say it baked that in and we are not sure if it means fewer jobs. and our guest will tax down some of the panic we have heard about this and we have senator demint with what it means.