already said that any kind of relations with taiwan must end. but this is very much not only about the economics, but it also has to do with the geopolitics. a sign that the us is taking the threat of a potential. potentially china coming into taiwan, as a real threat. and so a lot of people are taking lessons from what they are seen happening in ukraine and starting to make some strengthening within their own borders. absolutely. and while you are with us, let s talk about that the debt ceiling deal. passing a very big hurdle last night, but still a lot of work to do if they are to meet that deadline injune the 6th? absolutely. they re going to have. now that it s passed one chamber of congress, it now has to pass the senate. andy thinking has been that they would be able to get it into they would be able to get it into the senate, but now we re hearing from a lot of senators are saying they are going to try. it s not going to be an easy ride, it s going to be a lot of pushb
last 60 years because they understand the power of incrementallism. i think part of the problem with republicans is that we are so often focused on hitting the hail mary pass we forget about the power of incrementallism. this is going to spend less money next year. that is not sufficient. it s a big win. let s put in our pocket and get another win tomorrow. republican dusty johnson of south dakota with a plea to house gop hard liners who are criticizing the debt limit bill. we ll have the latest on where support stands for members of both parties as leaders try to secure their votes. plus, president biden and former president trump mark memorial day with very different messages, and also ahead we re following a developing story out of moscow this morning. drones attacked residential areas for the first time since russia invaded ukraine. good morning and welcome to way too early on this tuesday, may 30th. i m jonathan lemire. thanks for starting your day with us. we begi
for older americans receiving food aid and it suspends the debt ceiling on two january 2025, after the next presidential elections. there are few lawmakers that likely final package but the economic consequences of not raising the debt limit could be catastrophic. not everyone is happy with this bill, but most members, as we are seeing so far, looks like they might get this over the line and approve the house debated bill. we will see that in just a short while, and they are trying to desperately sell the benefits of this bill as they try to get it over the line. it over the line. today the house is it over the line. today the house is taking it over the line. today the house is taking historic i it over the line. today the i house is taking historic steps to address our nation s out of control debt. this house republican win rescind is $28 billion in unallocated covid funds, it cuts to trillion dollars in government spending, it rains in the executive branch and rejects
pass, texas where a record 12,600 migrants have crossed in a single 24-hour period. there s never been more. write it down in pencil. desperate times apparently call for desperate measures. wait till you hear what texas is doing now because it says washington is doing nothing now. we are now. you know, the numbers are staggering. they keep changing day by day. another record, another day. these are numbers heretofore thought impossible to get to. that you couldn t possibly get anywhere near them. but so be it. fox s bill melugin is at the southern border of what is behind the wave and what they re doing to address the wave. bill? neil, the situation at the southern border has gotten so bad that multiple sources tell me that federal bureau of prisons personnel have been sent down here to help border patrol with transportation of illegal immigrants. the bureau of prisons confirming this. they are providing transportation resources and they tell me the resources are limited. w
there is a roughly one in four chance that the us will hit the so called x date, when the us government runs out of money to pay its bills without a deal to raise the debt limit. that is according to the banking giantjp morgan chase. and they say the odds are getting worse. that forecast comes after house speaker kevin mccarthy said on wednesday that he thought progress could be made, but warned the two sides remain far apart. republicans are warning that any deal must cut future federal spending in exchange for raising the debt ceiling a red line for the white house. on wall street, us stocks fell as investors have been watching these talks closely for any sign of an agreement. and even if a deal is done in time, economists say that depending on the details, cuts to government spending are likely create economic headwinds that could bring down inflation a possible silver lining for the federal reserve, which has been raising interest rates to fight inflation. fed officia