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Transcripts for CNN CNN Newsroom With Poppy Harlow and Jim Sciutto 20211004 13:20:00

find another path ahead. one thing that i think is very clear here at the white house is that not lifting the debt ceiling is not an option and i think republicans are very, very cognizant of that. now at the same time, president biden is also going to be continuing to focus on trying to bridge the divides within the democratic caucus on the bipartisan infrastructure bill as well as the $3.5 trillion budget reconciliation package, that s why we ll see him tomorrow heading out to michigan to try and rally support for this agenda. we ve seen the president focus on a lot of these behind the scenes negotiations over the last week, now i think we re going to see more public pressure from him using the power of the bully pulpit to try to get democrats on board and get to a place where they can pass these two bills. all right, lauryn fox on the hill, republicans seem pretty comfortable letting the democrats burn themselves on the debt limit. you have some democrats saying well, mitch mcconn

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Transcripts for CNN CNN Newsroom With Poppy Harlow and Jim Sciutto 20211004 13:54:00

that inflation story. it s a factor that i think is an important kitchen table piece of economics because you feel this every week or every two weeks when you fill up the gas tank. i think the bottom line from the opec meeting is don t expect the big players like saudi arabia and russia and the big opec players to be rushing out there to pump a whole bunch more oil to ease this crisis. iranian oil and u.s. shale makers are not there yet to even fill the gap quite yet in this covid world. it s a cartel. they raise and lower the prices based on their interests. and if they keep it where it is, they make more money per barrel. it s as simple as that. yeah. higher oil prices, $8 0-a-barrel oil is something producers like to see. you also want to if you pump more then you can make even more money. that s also an incentive to try to pump more, as well. all right, appreciate it. thank you. you re welcome. a shooting at a philadelphia hospital early this morning. a man is accused o

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