Irwin joining us with. And kay la, i will start you with. At the windy white house there, as it relates to what were hearing from the Treasury Secretary, and from cnbc language, to Plain English here, what it means. Well, its significant because the Treasury Secretary is saying that as of early june, the federal government wont be able to pay its bills anymore. Its allowed by congress to borrow up to 31 trillion and change, but its going to hit that number next thursday. After that point, treasury is going to be looking under couch cushions to try to finds some additional money. It will be pinching pennies. And it says it will stop contributing or investing into some federal workers retirement accounts, to try to conserve some of that cash in order to avoid reaching that debt limit, or not being able to pay for allies and adversaries that hold the u. S. Debt. So certainly the Treasury Secretary is trying to call on congress and say we need a deal in the coming months. I spoke to a seni
announcement to try to seek a second term, no polls indicate americans have major misgive givings about that prospect. polls indicate president biden s age is a reason, the polls show different misgivings? a.bawl line the electorate does naught seam excited about the early prospect. inen 2024, that s where we begin, jackie starts us off live on the north lawn. good evening to you, bret. there are questions about whether this announcement is being slapped together. reports have described it as a last-minute scramble to build a website, fund raise and finalize campaign staffing decisions and talk of a major event rolling out this announcement has shifted to a ramping up effort. by all indications it s still set to begin tomorrow. are you red to run again, mr? president bide non dropping any hints on the eve of his expected reelection bid, reportedly to come via social media. par for the course for this white house under fire for side stepping traditional interviews and ne
welcome to inside politics. i m john king in washington. thank you for sharing your day with us. closer, but to a deal or to a default. kevin mccarthy herds a bill through the house. it s guaranteed to go nowhere in the united states senate and far from certain to break the white house s negotiating promise. plus, ament here because donald trump raped me. e..en jean carroll is back on the witness stand after detailing an attack by the former president nearly two decades ago in a dressing room. and the mouse strikes back. disney makes ron desantis a defendant as the governor finds the polling gap between him and trump getting wider. up up first, a cross roads moment for president biden and house republicans. today a new number says the country is growing more slowly. but not as to dive into a recession. 12.1%, that s how fast the economy expanded in the first quarter. it falls off as you see the breakneck pace from the end of 2022. but the good from the report is very go
george floyd. in that video you could see him cry out for his mother as officer derek chauvin knelt on his neck for more than nine minutes. all over a pack of cigarettes. floyd allegedly paid for with a fake $20 bill. we would not see any of the police body cam footage for another 11 weeks. the lack of transparency there, the delay and the horror of floyd s death ignited a mass movement. i can t breathe was plastered across signs and social media posts as millions across the country protested. facing intense pressure, then president donald trump signed an executive order calling for police reform. at the ballot box, voters said yes to legislative policing reforms in at least 30 states. at least a dozen cities promised to slash police budgets and redistribute those funds to community programs. though not all followed through. then it was congress s turn. democrats introduced the george floyd justice in policing act. the bill passed twice in the house but died in the senate aft
on and colliding with a u.s. drone over the black sea we ve got exclusive reporting on what s behind the aggressive actions. plus, new details about georgia s investigation into whether former president trump tried to overturn the 2020 election results we re learning the grand jury has heard a new trump phone call and in texas, we could soon get a ruling surrounding a lawsuit that aims to ban an abortion medication that women have been using safely for decades. right now on capitol hill, treasury secretary janet yellen is testifying before lawmakers as concerns are growing that now first republic bank could be the next to fall shares of first republic fell 30% when the markets opened this morning after suffering major losses on wednesday. this after two major banks collapsed over the weekend and swiss regulators overed a lifeline to credit suisse. she insists americans deposits are safe i can reassure the members of the committee that our banking system is sound and