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president biden s focus today on the fight to raise the debt limit and the dress of consequences that could be in store for the country have no actions taken. not a single solitary has this data is not that i accumulated. but that is not that occurred of the last several years. it is 200 years of debt. 200 years. the idea that we wouldn t pay our debt is bizarre. it s estimated that we didn t pay the debt, we lose 750,000 jobs, we have a recession, would be a disaster. the idea is for the first time saying, unless you can approve this ridiculous budget what the republican mega budget is, if you pass this budget, we re not going to increase the debt limit. then we re going to go bankrupt. the white house has also warning that if the white house default, it would result in severe damage. a default according to the white house would result in hud to thousands of job losses, which could increase to millions the longer it goes on. joining me now is nbc s correspondent, a

Jill bidenNbc newsDebt limitU sJessica valentiDonald trumpFulton countySecretary generalSaturday mayJune 1stWhite houseJob lossesJobs numberDebt limits crisisLabor departmentDebt crisis