on tuesday, representatives of us presidentjoe biden and congressional republicans met again on capitol hill. the two sides have untiljune 1st to come to an agreement on raising the govenrment s borrowing limit, or risk the us not being able to pay its bills. some analysts have warned a default could lead to huge job losses in the us and even a global recession. stocks on wall street finished sharply lower on tuesday. despite this, optimism among leaders remains. negotiations are very hard, very difficult, both sides have to understand they won t get everything they want. we are trying to get to a budget that is reasonable and bipartisan. that democrats and republicans in the house and senate will be able to vote on and agree on. this is the process, that s why we are moving in this way, to make sure it s bipartisan, but also reasonable. that s what you all can look forward to. for the latest on this story, i spoke to cbs news congressional correspondent, nikole killion. has
go basically around the clock until the x date. margaret talev, thank you for joining us this morning. thanks to all of you for getting up way too early on this tuesday morning with us. morning joe starts right now. optimistic we may be able to make some progress because we both agreed default is not really on the table. we have to get something done here. and the consequence of failing to pay our bills would be the american people would have a real kick in their economic well-being. as a matter of fact, the rest of the world would, too. president biden and speaker kevin mccarthy continue to take positive have that positive tone on the debt ceiling and how it is going, but there s still no deal with just over a week until the country could default completely. we ll look at the disagreements that are holding up a deal for now. also ahead, donald trump s comments about e. jean carroll during his town hall could cost him more money, as the writer takes new legal ac
where negogtiators working to avoid a us debt default are back on capitol hill for talks tonight. negotiations have been described as productive, but there s still no deal. earlier, presidentjoe biden and speaker of the house kevin mccarthy led talks on raising the debt ceiling to ensure the us can continue to pay its bills. biden and republican congressional leaders now have just ten days to avoid a default. president biden said: kevin mccarthy spoke outside the white house, and the bbc s nomia iqbal was watching. he said the meeting was productive. he said the tone was good. he appeared in an upbeat mood and he said there was still a way to go before they make a compromise. he did say that he believed the president does want to make a deal. bear in mind, we are fast approaching the deadline, and if a deal is passed, it would take more than a week, or about a week, to get through congress. the speaker appeared confident that would happen. i never wanted to be here. i do not
to pay our bills would be the american people would have a real kick in the economic vein, as a matter of fact the rest of world would, too. president biden and house speaker mccarthy in the oval office yesterday after what both sides called a productive meeting. we ll look at the issues that are still holding up a deal on the debt ceiling. plus, e. jean carroll wants a judge to update her defamation lawsuit against donald trump following his comments about her during a recent town hall. and also ahead the field for the 2024 republican presidential domination adds a new name. we ll show you senator tim scott s first pitch to voters. good morning, and welcome to way too early on this tuesday, may 23rd. i m jonathan lemire. thanks interest starting your day with us. we ll begin this morning with the ongoing debt ceiling negotiations in washington. president joe biden and house speaker kevin mccarthy met at the white house yesterday afternoon. they emerged without a deal
hello, i m sumi somaskanda. we start in washington tonight, where negotiators have been working to avoid a us debt default. negotiations have been described as productive but there s still no deal. earlier, presidentjoe biden and speaker of the house kevin mccarthy led talks on raising the debt ceiling to ensure the us can continue to pay its bills. biden and republican congressional leaders now have just ten days to avoid a default. president biden said: wwe reiterated once again that default is off the table. and the only way to move forward is in good faith toward a bipartisan agreement. kevin mccarthy spoke outside the white house and the bbc s nomia iqbal was watching. he said the meeting was productive. he said the tone was good. he appeared in an upbeat mood and he said there was still a way to go before they make a compromise. he did say that he believed the president does want to make a deal. bear in mind, we are fast approaching the deadline, and if a deal is