it s a great question. at this point, no, they don t have specific demand. they re trying to figure out what this. says what we re understanding about one running from talking this or citizen listening to what their telegraphing right now is that they re looking into cuts in domestic spending. even cuts into military spending. they don t want to touch medicare and social security. the speaker made that very clear over the weekend on the sun that s an and title minutes can be political suicide. they re very cognizant of that they re trying to figure out exactly where they might be able to cotton again the tricky thing is it s a needs to patch 60 votes in the senate it s got a pass the highland course the president needs to agree to it as well. appreciate it. thanks, let s talk to our panel adam kinzinger, alyssa farah griffin, mondaire jones. congressman kinzinger, are you concerned about. this
with the debt limit. the owners should be on republicans. air to present a proposal for what they want to cut. the should not even be a point of negotiation to begin. whether you honoraria commitments, payer dads. saying they need to make i mean of course, a negotiation and that s to say that democrats can respond with something. if it s republicans who are saying, we want to cuts binding, even though they just said about that would ve added haven t and 14 billion dollars by getting the i do the same thing in the house. they just did under kevin mccarthy but if they want to cut spending as they say they do they re also saying they don t want to cut social security and medicare even in the same breath saying they want to strengthen the program which is obviously privatization than they should come to the table with some proposal for lesson i was on the hill the difficult conservatives that we did cut cap in ballots, there s away kevin mccarthy should do isn t as a way th
it s not negotiating with the republicans right now. how involved do you think the white house will be in putting together a deal? sooner or later, boris, there s going to have to be a deal. if the house republicans make good on their threat, we ll be back in the same situation. they can harm the good faith and credit of the united states. they can, in fact, gum up the works for government, and the treasury secretary has made that clear. they have from now until june to put something toechlkt that s not going to be easy. when you try and figure out how to keep spending at fiscal 2022 levels, which is what the pledge was and was part of the deal to make kevin mccarthy the speaker, you don t have a lot of places to go. if you don t touch medicare, if you don t dutch social security and try not to gut defense
you mentioned the brinksmanship that we ve seen in years past, the u.s. got dinged at one point for getting dangerously close to defaulting. are you optimistic we ll see a deal before june when that default is estimated to happen? i m not super optimistic that we ll see a deal before the last minute. i think that that is our lesson, unfortunately, with these standoffs in the past. and that could be a real problem. what we saw in 2011 when we got closest to going over the debt limit cliff was that mortgages got more expensive, business borrowing got more expensive, consumer confidence went down. there were real economic effects and i think we could see them again this time. politico is reporting that former president trump has a warning asking them not to touch medicare or social security in the debt limit fight. it s the focus of some fiscal hawks that are determined to make changes to entitlements.
do you think they ll adhere to that message? i think that is one of the great questions of this negotiation. you do have a lot of republicans and we wrote about this before the midterms, a lot of republicans in the house do want to make at least incremental changes to social security and medicare like raising retirement ages in order to reduce cost growth of those programs going forward. president biden loves that fight. he has vowed not to cut social security or medicare, and he s drawing a line in the sand on that. whether republicans in the house back down from that as former president trump is calling for would probably be good politics, but on an economic side, i think you have members there who are really dug in on this thought that they need to bend the curve of the u.s. debt path and that you have to touch those programs if you want to do it. that could be very dangerous electorally considering where some of those members stand. jim tankersly, thank you very much for the ti