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just warned of a new, and earlier drop down date for the yellow now says the country could run out of cash to pay its bills on june 1st, that is one month from tonight. if congress does not raise the debt line. he followed me disaster for our economy, everyone would feel the effects. yellen s warning came late today in a letter to top lawmakers this quote, it is imperative that congress act as soon as possible. tonight, president biden invited the top four congressional leaders to the white house to find some way to avoid the fault. last week of course, the gop led house passed a bill that raise the debt limit, but it included steep spending cuts. biden said absolutely no to that, and tonight he and mccarthy are still in a stand off. we will not pass the debt ceiling a fetus races without doing something about our debt. we pay our bills, and we should do the without reckless hostages on some of the many republicans in congress. meanwhile, the administration is a ....
as president biden calls for a last-minute meeting. but is a room for negotiation? and what we are default mean for americans? then, the man hunt for a suspected gunman who killed five people in texas, the latest mass shooting putting a focus on america s unique gun problem. and representation matters, but tell introducing the first barbie dahl with down syndrome, as the 11th hour gets underway, on this monday night. good evening once again, i m stephanie ruhle live from los angeles, and i start with one question, are you buckled up? you had better be, because treasury secretary janet yellen just warned of a new, and earlier drop down date for the yellow now says the country could run out of cash to pay its bills on june 1st, that is one month from tonight. if congress does not raise the debt line. he followed me disaster for our economy, everyone would feel the effects. yellen s warning came late today in a letter to top lawmakers this quote, it is imperative that co ....
there s a lot to cover tonight, so let s get smarter with the help of our lead off panel, so my favorites are here. pulitzer prize-winning congressional reporter from the new york times, david gurbir s news correspondent for npr, and former federal prosecutors, and legal affairs columnist for politico, breonna mariotti. jesper, you know i m starting with you, and janet yellen. she is now saying, one month from now the u.s. is going to run out of money. why do people need to understand this, why is a so important? because basically, she looked at all the money coming in from federal taxes and realized, oh, we are going to run out a week too soon. first of, my seatbelts fastened. we have been through this a number of times before, we could never experienced default on u.s. debt, that is a great fear in all of this, there are so much uncertainty surrounding this, in the letter we saw from the treasury department today. yes, she s given us this estimate, that s a conservative estimate, ....
A month on capitol hill is greatly differ for the month that you are not experience, they re not a whole lot of working days left for congress to figure this out. she is making a plea in this letter for lawmakers to get their act together, to protect the credit united states. that is so critical here because we don t know what could happen at the u.s. were to fall, but we ve inclusion of all the destruction that that would cause. it would affect you, it would affect me, costs would go up for people, and for businesses as well, surely. confidence would go down, and i really want to stress here is that, this is not the time you want to be messing with this, or experimenting with this, or trying to figure out what this is going to need for the u.s. economy, and it will be calmly generally. think it s rational this point in time, this talk of recession. however later in this year, why add something to the mix here that could complicate things, and make them even worse? confidence is key, ....
Committee, after a series of alarming reports involving supreme court justices lawmakers will hold a clearing on the courts efforts we are going forward, and i think we re gonna produce a bipartisan close ethics, highest court in the land should not have the lower standard of ethics. they better take this seriously, the integrity of the court, the reputation of the court s a statement. there s a lot to cover tonight, so let s get smarter with the help of our lead off panel, so my favorites are here. pulitzer prize-winning congressional reporter from the new york times, david gurbir s news correspondent for npr, and former federal prosecutors, and legal affairs columnist for politico, breonna mariotti. jesper, you know i m starting with you, and janet yellen. she is now saying, one month from now the u.s. is going to run out of money. why do people need to understand this, why is a so important? because basically, she looked ....