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MSNBC The Sunday Show With Jonathan Capehart June 4, 2024 13:20:00

Who unite the united states government to pay them on a regular basis. one of the things that republicans have mentioned, the disco, around but also back in 2011 when we went through this for the first time in a real serious way, it is, oh, don t worry, we can prioritize the payments. there is a bill out on the hill that would require treasury to prioritize payments if the debt limit isn t raised. is that realistic? prioritization is defaults by another name, jonathan. what it means is that you would pay some people, and not other people. that would be the first time in the history of the united states where we haven t done. that congress needs to do today is raise the debt limit, which they ve done 80 times since 1960, and three times in the last administration, without having to negotiate. if we don t do that, we had to put a place where not only financial markets could be, hurt but real lives of americans could be hurt. you outlined the data yourself earlier in the segment, but ....

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CNN CNN Newsroom Live June 4, 2024 09:08:00

Follows are at the moment, they are looking down. despite ease in inflation, consumer confidence continues to waiver. crumber confidence index dipped last month from december. the survey by the business think tank found consumers are feeling more confident about the can economic conditions but the confidence wanes when looking ahead to the next six months. and the u.s. president and kevin mccarthy will meet today for the first time since kevin mccarthy took over as house speaker to discuss the national debt. it soared to more than $31 trillion and if that debt limit isn t raised, the u.s. will be in danger of default. joe biden has been warning republicans not to use the debt ceiling as leverage to negotiate spending cuts, but it seems that is exactly what they intend to do. phil mattingly has this report from the white house. rarely is there a meeting with higher stakes and yet such ....

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MSNBC Jose Diaz-Balart Reports June 4, 2024 15:20:00

The u.s. officially hit its borrowing limit yesterday. the department says these measures will likely last until the 5th of june. but if a debt limit isn t increased or suspended, the u.s. could fail to meet financial obligations for the first time this history and that could potentially be devastating to the economy. many republicans have said they will not vote to increase a debt ceiling unless there are spending cuts democrats in the white house say is a nonstarter. with us now is jared bernstine, the council of advisers. it s great to see you. i thank you for being with us. why won t the white house initiate some conversations over the debt limit? first of all, let s be clear that this the president, who has a very strong record on definite sut reduction, $1.7 trillion deficit reduction in his term so far, has shown consistent willingness and ability negotiate with the other side on ....

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BBCNEWS World Business Report September 30, 2021 04:50:00

Calamity. because the us has never defaulted on debts, economists aren t sure what the economic fallout could be stopping it could trigger a recession, funding for certain state programmes could be faulted if the debt limit isn t raised. the head ofjpmorgan, said his bank was preparing for the worst, calling not raising the worst, calling not raising the debt limit a potentially catastrophic event. transport accounts for more than a quarter of greenhouse gas emissions in the uk but while electric cars are beginning to find favour with consumers, trucks are still overwhelmingly run on diesel and they contribute more than a third of c02 contribute more than a third of co2 emissions on our road. but that could change if a new start up has its way. speak to asher bennett, launching the ....

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MSNBC The 11th Hour With Brian Williams September 29, 2021 03:06:00

In washington and continue negotiations with lawmakers in his own party. earlier today he sat down with senators, say it with us, joe manchin and kyrsten sinema who say the effort to expand social programs is too expensive for them. meanwhile, nancy pelosi plans to hold a vote thursday on the $1 trillion infrastructure bill, even though liberal memories of her caucus are threatening to vote against it. democrats are also trying to stop the shutdown of the government thursday night while keeping the u.s. into going into default. janet yellen told lawmakers today the government will essentially run out of money october 18 if the federal debt limit isn t raised. with all of that, let s bring in our starting le on this tuesday night. eugene daniels, white house correspondent for politico and coauthor of the politico ....

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