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KNTV NBC Nightly News With Lester Holt June 4, 2024 00:11:00

Score, its rating can be downgraded. and that would hurt the world s leading economy. republicans are demanding spending cuts before agreeing to raise the debt limit, which now stands at $31.4 trillion. nbc s senior capitol hill correspondent garrett haake. reporter: house republicans are talking about cuts to federal spending on things like health care, education, maybe even the military. democrats are opposed, and they control the senate and the white house. during a similar fight in 2011, s&p downgraded america s credit rating, citing political dysfunction. congress has raised the debt ceiling 78 times since 1960. but if there isn t an agreement by early june, experts warn critical government functions and benefits could be cut back, including delays in social security checks. the destruction that this would cause the average american family, let alone all the full faith and credit and interest rates going up and all of this other stuff is huge. we re six months away, approx ....

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KNTV NBC Nightly News With Lester Holt June 4, 2024 00:28:00

Fond farewell to a reporter who always gave his all, take us to new heights, and as always, leaving us wanting more. kerry sanders, nbc news, miami. and kerry is here in the studio with us. what a journey. did you ever imagine you d go to the places you went, meet the people you met? you know, it s remarkable, no, this is a dream that came true. and to have the opportunity to tell other people s stories on nbc nightly news with you and to really see places i don t think i could have ever gone any other way has been a privilege. you must feel like a caged tiger in the studio. you lived out in the field. that s what you lived for. it s rare to see me in a suit and tie, that s for certain. kerry, you are going to be deeply missed here. thank you for everything you ve done to make awes better broadcast. thank you so much. and to my wife deborah, who has put up with all of this. that s nightly news for this tuesday. ....

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KNTV NBC Nightly News With Lester Holt June 4, 2024 00:25:00

Could help you save. here at nbc news we have come to know nothing can keep our friend kerry sanders from getting to the story wherever it is. well, today kerry is the story, retiring after more than 30 amazing years in the field. the fighting has been fierce for two days. the only thing left now are about 200 absentee ballots. you really get a full idea of how widespread the damage is. reporter: he has reported for nbc news for over three decades. kerry sanders, nbc news, port-au-prince. reporter: nasariyah, somewhere in the australian ....

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KNTV NBC Nightly News With Lester Holt June 4, 2024 00:26:00

Outback. kerry sanders on the ground, around the world, covering the big stories. it s about 19 hours into the rescue, and it s remarkable. each one has gone on without a hitch. reporter: from breaking news i m not exactly sure, but the officer started yelling get down, get down . reporter: to natural disasters. let me take you out the window here. this is the dateland trailer park here, or what was once the dateland trailer park. what you re looking at is what remains. reporter: if there was a hurricane, chances are kerry sanders was there. the florida-based correspondent right in the thick of it. oh! reporter: from nature s fury to human fury, kerry embedded with u.s. marines on the front lines of the war in iraq in 2003. a lot like a knife fight in a phone booth. it s just that difficult. reporter: his work as a journalist often guided by his compassion as we saw when he handed a wounded marine a satellite phone to call home. ....

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KNTV NBC Nightly News With Lester Holt June 4, 2024 00:10:00

Conditions as well as a potential for tornadoes and hail. and not to mention a whole lot of snow impacting folks in the high plains, lester that will be from 6 to 9 inches. and we are not done with it yet. it will continue off to the east coast as we get through next couple of days. angie lassman, thanks very much. let s turn to the looming showdown in washington after treasury secretary janet yellen said the u.s. will hit the debt ceiling this week. many warn of dire consequences if congress doesn t act. tom costello now and the potential impact. reporter: yet again, washington is awash in warnings of a recession, a stock market crash, and social security shortfalls if congress doesn t raise the debt ceiling. what is it? it s a legal limit dating back to 1917 that caps the level of debt the government can assume to pay its debts. and that s important. this is money the government has already spent. like paying your credit card bills. and just like consumers who don t pay their c ....

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