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Transcripts for BBCNEWS BBC News 20240604 03:00:00

I m sumi somaskanda. welcome to the show. we begin tonight with the debt ceiling showdown in washington. lawmakers in the house of representatives voted to advance a bill which will avert a government default. lawmakers are racing to approve the deal before the june 5th deadline. that s when treasury secretary janet yellen has warned that the us would face a catastrophic default and fail to pay all of its bills. the house passed the bill in the past few hours. now it needs to pass the senate before heading to president biden s desk. we heard from president biden, shortly after the vote. he said: this is kevin mccarthy defended the bill after the vote passed. we decided that you had to spend less and we achieved that ....

House Of Representatives , Debt Ceiling Showdown , Government Default , Sumi Somaskanda , Welcome To The Show , Janet Yellen , June 5th Deadline , June 5th , Presidentjoe Biden , Biden S Desk , Kevin Mccarthy ,

Transcripts for CNN Anderson Cooper 360 20240604 00:20:00

Visit purple.com or a store near you. there is breaking news just in on talks to head off a government default. the new york times is reporting the white house officials and republican lawmakers are closing in on a deal. it would raise the debt limit for two years, cap federal spending on everything but the military and veterans, in broad terms according to the times, it would let republicans lead to spending reductions and democrats say they had spared most significant programs from significant cuts. joining us, bernie sanders, who chairs the senate, health, labor and pensions committee and is a member of the budget committee. mr. sanders, i appreciate you being with us. a, have you heard anything tonight about a deal along those lines? and if so, how does it sound to you? well, it s only what i read in the new york times. it may be right. it may be wrong. but anderson, i want to say this. the idea that the republicans ....

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How Bad Could A Government Default Get?

If the US defaults on its debt, the economic impact could be huge. The first to be affected are people who receive government payments but the effects could quickly ripple out, even causing a recession. ....

United States , Kimberly Knackstedt , Monica Potts , Jeff Tucker , Bernard Yaros , Disability Economic Justice Team , Century Foundation , Bipartisan Policy Center , How Bad Could , Government Default , Ordinary Americans , Bipartisan Policy , Social Security Disability , Social Security ,

Transcripts for KNTV NBC Nightly News With Lester Holt 20240604 23:08:00

Representative telling nbc news the plane landed safely following the incident and nine passengers were taken to the hospital for minor breathing issues. the man who opened the door detained by police. this scare in korea conjuring a rash of other airborne incidents in the u.s. spurred by unruly passengers. earlier this year a delta passenger was arrested at l.a.x. after opening the emergency door and sliding off the plane before takeoff. tonight, another scare in the sky with passengers grateful to be back on solid ground. steve patterson, nbc news. back here at home and to washington where we have some breaking news. president biden just moments ago said he believes there may be a deal on the debt limit tonight. garrett haake has the latest from capitol hill. reporter: tonight, the president and lawmakers leaving washington for the holiday weekend. i hope we ll have some clearer evidence tonight before the clock strikes 12. reporter: without a deal to avert a government defau ....

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