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Transcripts For CNNW CNN 20240706

head back because it s what five or six, seven in the morning there, and our teams are going to continue working. now, we have had a packed few days here at hiroshima and you think we have had productive meetings at the g7 summit. we also held the quad meeting in hiroshima rather than australia and important bilateral discussions with prime minister kishida of japan, prime minister albanese of australia and president zelenskyy of ukraine as well as the prime minister of india. this is my third trip to the indo-pacific as president and i look forward to rescheduling my stops in papa new guinea and australia later. i have spoken with the prime minister of papa new guinea and secretary blinken is traveling there to meet with the pacific islander partners and yi am goig to be hosting the leaders of the pacific islander forum in washington this fall because i won t be able to make it to papua new guinea. and prime minister albanese, we will have a state visit later this year. i al

Transcripts for CNN CNN This Morning Weekend 20240604 10:54:00

dysfunction at the moment. you heard jake sullivan say there is a point of interest in the conversations with the leaders. president biden said in his talks that he wasn t able to guarantee that the united states wouldn t default. and so this is an interesting insight into his conversations with the leaders at this precarious moment. he is departing here with no necessarily reassurances to those leaders who are also leaving here in hiroshima, watching anxiously what transpires in washington. phil mattingly who was there front row for this news conference, i think jim from the new york times asked the most potent question. he said, if you are making the case here at the g7 and the president, all of these multilateral organizations says that this is the decade or the century of democracy versus autocracy, your democracy could cause a global financial crisis. how do you reconcile those two? and at the moment the president,

Transcripts for CNN CNN This Morning Weekend 20240604 10:00:00

pharmaceutical industries and refusing to count that while cutting over 100,000 school teachers and assistance jobs, 30,000 law enforcement officers jobs cut across the entire united states of america. i m not going to agree to a deal that employee texts wealthy tax cheats and crypto traders while putting food assistance at risk for nearly 1 million americans. it s time for the republic to accept there s no bipartisan deal to be made solely, solely on their partisan terms. i havewith me that the default an option. and i expect each of these leaders to live up to that commitment. america has never defaulted. never defaulted on our debt. and it never will. the speaker and i will be talking later on the plane as we

Transcripts for CNN CNN This Morning Weekend 20240604 10:53:00

he went on to do something quite extraordinary suggesting that some maga republicans as he called them would send the economy into default if it meant a damaging him politically. so clear lit the president seeing a need to sharp on his political sphere in these talks. of course, he is heading back to washington. he is probably on his way to air force one now. that phone call with house speaker kevin mccarthy will be essential in the way president biden framed it was interesting. he said he thought that mccarthy just needed to talk to him directly to ensure that he was still engaged. he said he wasn t sure if that s what mccarthy wanted or not, but that is something he was hoping for in the talks. it will remain to be seen if that will break the logjam. this has overshadowed his trip to the summit here, been a topic of discussion and hasn t done anything to sort of dissuade particularly european leaders that the american political system is in a state of

Transcripts for CNN CNN This Morning Weekend 20240604 10:28:00

first of all, it would be very serious circumstance if we didn t pay our debt for the first time in 230 years. that would be a serious problem. so far, there has very little discussion and they all know what s going on about whether or not we are going to default on our debt. now number two. number three, i can t guarantee that they wouldn t force a default by doing something outrageous. i can t guarantee that. number four, i m looking at the 14th amendment as to whether or not we have the authority i think we have the authority. the question is, could it be done and invoked in time that it could not would not be appealed and as a consequence passed the date in question and still default on the debt?

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