everyone. thank you for joining me. i m fredricka whitfield. a deal to avoid a debt default is about to be revealed. president biden and speaker mccarthy are finalizing an agreement to raise the debt limit. president biden saying this earlier today. i m about to go in and call mccarthy now at 3:00, make sure all the ts are crossed and the is are dotted. i think we re in good shape. house leaders expect the bill to be voted on as soon as wednesday. speaker mccarthy is confident the deal will pass. february 1st i sat down with the president. i said let s work together to be able to raise the debt ceiling but curb the amount of spending, to let mark be able to work again, cut red tape, get some work requirements to help people get back into work. i think this agreement frames all that from limit, save, grow. it doesn t get everything we wanted. we did a conference call with our conference and over 95% were overwhelmingly excited about what they see. they re getting a text
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the union with jake tapper. why was it so important for republicans to have this work requirement with able-bodied recipients with dependents but not require corporations to pay some taxes if they make a profit. joe biden raised taxes on corporations by $700 billion last year. there was not, frankly, an appetite among republicans to allow democrats to do that again. what there is an appetite for is making sure we re helping people find that pathway out of poverty. i grew up in a family of modest means. i saw my family busting their butts every day. it s those efforts that helped us escape poverty. you cannot escape poverty without work. it s 20 hours a week work, training, education or volunteering at a local food bank for people who are able-bodied, not pregnant, don t have kids at home, live in an
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