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
and the abortion pill decision delayed again. then, the legal battle continue for fox news. say they will pick up wher dominion left off. and a spotlight on what is happening at state house around the country with our panel of on the groun reporters. as the 11th hour gets underway on this wednesday night. good evening once again i am stephanie ruhle. the speaker and the presiden are in a face off over how t save the nation from economi disaster the u.s. is likely weeks awa from a deadline to raise its borrowing limit to keep us fro going into default so far, biden and mccarthy hav not been able to agree on an sort of solution this afternoon, on the house floor, speaker mccarthy finall unveiled republicans plans t raise the debt limit, whil cutting spending and replacing key elements with th presidents agenda. this responsible legislatio will be led by our budge chairman jodey arrington would responsibly raise th debt limit into next year an provide more than 4.5 trillion
delayed again. then, the legal battle continue for fox news. say they will pick up wher dominion left off. and a spotlight on what is happening at state house around the country with our panel of on the groun reporters. as the 11th hour gets underway on this wednesday night. good evening once again i am stephanie ruhle. the speaker and the presiden are in a face off over how t save the nation from economi disaster the u.s. is likely weeks awa from a deadline to raise its borrowing limit to keep us fro going into default so far, biden and mccarthy hav not been able to agree on an sort of solution this afternoon, on the house floor, speaker mccarthy finall unveiled republicans plans t raise the debt limit, whil cutting spending and replacing key elements with th presidents agenda. this responsible legislatio will be led by our budge chairman jodey arrington debt limit into next year an provide more than 4. 5 trillio dollars in savings our bill would actually claw back billi
over the last century, congres has done upwards of 100 times. the majority of which, under republican presidents. we voted to raise the debt ceiling three times when donal trump was in the white house unfortunately, my republican colleagues saying it ver different tune when there is a democrat in the white house. but despite difficulties however, i do believe we are ultimately going to raise th debt ceiling the challenge is, and frankly, the situation i fear most, is replay of the summer of 2011 when tea party republicans flirted with disaster and came so close to the deadline tha it actually led to the first ever credit downgrade in american history which ended u costing us billions of dollars and actually adding more to th national debt. that is the scenario that fear is most in play the further these republican antic continue one of the things i ask onp a, shall on the young, who was
not a word instead he proposed a huge cut in imports and very important programs. millions of hardworkin middle-class americans count o them all the while he and the mag officials are separately pushing for more tax giveaways and giving benefits to the wealthiest americans this is truly dangerous, mag republican congressman threatening to default on th national debt unless i agree to all of these walkout notion that they have meanwhile, the supreme cour has extended access to a key abortion medication for tw more days. it is asian on a lower court ruling limiting the access t the drug, it is now expected b the end of friday. we are also following th latest report of gun violenc involving people who mad simple mistakes while just living their lives in the latest incident, th victims were to texa cheerleaders we have more three shootings in one week missouri, new york, and tonigh elgin, texas