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we begin right here in washington d.c. where democrats and republicans are scrambling to close a deal on raising the federal debt limit. there is still no deal in place but as many lawmakers leave for a holiday weekend. president biden has hinted a deal might be not be too far away. with regards to the debt limit, things are looking good, i m very optimistic. i hope we will have some clearer evidence tonight, before the clock strikes 12, that we have a deal. but it is very close and i am optimistic. so according to the president, we might get the news of a deal in under three hours time. a top republican negotiator, patrick mchenry, says he s hopeful a deal will come together before midnight but significant challenges remain. earlier, the us treasury secretary janet yellen sending this letter to congressional leaders. she now says the us has until june 5th to avoid a default. she had previously said june 1st. if republicans and the white house fail to reach a comprim ....
hello i m sumi somaskanda. we begin right here in washington dc where democrats and republicans are scrambling to close a deal on raising the federal debt limit. there is still no deal in place but as many lawmakers leave for a holiday weekend, president biden has hinted a deal might be not be too far away. with regards to the debt limit, things are looking good, i m very optimistic. i hope we will have some clearer evidence tonight, before the clock strikes 12, that we have a deal. but it is very close and i am optimistic. so according to the president, we might get the news of a deal in less than an hour. a top republican negotiator, congressman patrick mchenry, was a bit more cautious with his assessment, saying: we are in the window by which we meet thejune five deadline. it s not over, we re not done. but we have to come to some tough terms in these closing hours. earlier on friday, congress got a bit more runway for its negotiations. us treasury secretary jane ....
the pandemic. this is a story that unfolds in three parts. first, the fraud. just yesterday we learned that nearly 400 department of homeland security employees took pandemic unemployment aid, even though they were working. this is just a tiny fraction of the massive and brazen covid theft that has incurred since the government started doling out billions in so-called relief. the official who was in charge of overseeing the distribution of the belief has called this the biggest fraud in a generation. it was the theft of as much as $80 billion or about 10% of the $800 billion it was handed out in that paycheck protection program. that s on top of the 90 billion to 402 billion believed to have been stolen from the 900 billion covid unemployment relief program, that is a lot of money. the second part of this story surrounds the title wave of inflation but all of this unchecked spending and the fraud actually caused. the adverse effects of pumping trillions into the u.s. ec ....
the gavel, the house taking a break until 8:00 p.m. after kevin mccarthy lost his six the vote for speaker, republicans backing him saying enough with the nonsense, it is time to move forward so they can go after joe biden. they have gotten together and decided that they can only blackmail the republican conference in effect they are blackmailing the american people. it s because of their headlines about the chaos, this and that, yesterday our colleagues on the other side of the guy over tweeting their bags of popcorn that they had out, they love it. i plead with all, all of my republican colleagues, let cooler more rational heads prevail. i ve had a number of conversations with kevin, and basically said that this needs to break loose. he needs to make a deal, or he needs to step aside and give somebody else a chance to do that. judge jeanine: but the 20 plus republicans who oppose aren t giving up. i think the path is very difficult right now for kevin, at th ....
biden s performance in a new poll, and the majority of democrats want the party to flat out dump him and pick someone else as their 2024 nominee. there s no circling back on this. remember that? former white house press secretary says democrats are doomed if the midterms are about biden. if the election is about who s the most extreme, as we saw kevin mccarthy touch on there with marjorie taylor greene, i ll say her name, sitting on his left side, if it s a referendum on the president, they will lose, and they know that. as democrats reel from all the bad news, there s more, a top pollter predicts that the gop midterm turnout will exceed all expectations. this year our fear people won t be polled that are trump supporters because of what biden has said, apparent attacks, people coming after them. there s a hesitancy to participate. everybody w will underexpect th. thank you for joining us. i bet you have a book, don t you? his name is robert trafalgar. he s talk ....