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BBCNEWS BBC July 6, 2024

and congressional republicans met again on capitol hill. the two sides have untiljune 1st, just over a weeks time, to come to an agreement on raising the govenrment s borrowing limit, or risk the us not being able to pay its bills. some analysts have warned a default could lead to huge job losses here in the us, a plunge on the stock markets, and even a global recession. in fact, stocks on wall street finished sharply lower at the close of trading on tuesday. despite this, optimism among leaders remains. white house press secretary karinejean pierre says a deal both sides can be pleased with is possible. negotiations are very hard, very difficult, both sides have to understand they won t get everything they want. we are trying to get a budget that is reasonable and bipartisan. that democrats and republicans in the house and senate will be able to vote on and agree on. this is the process, that s why we are moving in this way, to make sure it is bipartisan, but also rea ....

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BBCNEWS BBC July 6, 2024

or risk the us not being able to pay its bills. some analysts have warned a default could lead to huge job losses in the us, and even a global recession. stocks on wall street finished sharply lower on tuesday. despite this, optimism among leaders remains. negotiations are very hard, very difficult, both sides have to understand they won t get everything they want. we are trying to get to a budget that is reasonable and bipartisan. that democrats and republicans in the house and senate will be able to vote on and agree on. this is the process, that s why we are moving in this way, to make sure it s bipartisan, but also reasonable. that s what you all can look forward to. for the latest on this story, i spoke to cbs news congressional correspondent nikole killion. has there been any movement in negotiations? not much movement at all. in fact, it seems like talks have once again hit an impasse, although both sides are still at the negotiating table to a certain extent. bu ....

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CNNW CNN July 6, 2024

i m paula reid in washington. jim acosta has the day off. we are following several developing stories on this busy afternoon. the u.s. takes another step closer to running out of money to pay its debts. despite a deadline as close as 12 days away, the high-stakes negotiations between the white house and republicans have broken down. and it s not clear when they will resume. meanwhile, president biden will cut short his asia trip to address the looming debt crisis, but before heading home tomorrow from the g7 summit in japan biden will meet with ukraine s president. president zelenskyy is making a dramatic appearance at the gathering to ask world leaders for more help in the war against russia. zelenskyy s plea comes as russia claims a major victory in ukraine. today the head of the mercenary wagner group says his fighters captured bakhmut after months of brutal fighting. ukraine says it still holds a small portion of the city. cnn s phil mattingly is at the g7 summit in ....

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MSNBCW The July 6, 2024

tonight, the important days ahead and washington tie to our nations that. president biden said to sit down with speaker mccarthy tomorrow was the threat of defaulting hangs in the balance. and republicans continue their investigation into president biden s family. they just need to top down their conforming first. and a preview of tomorrow s hearing on artificial intel events. it s congress prepared to regulate this technology? as the 11th hour gets underway on this monday night. good evening once again, i m stephanie ruhle. treasury secretary janet yellen is sounding the alarm yet again. in a letter to the speaker top lawmakers, she wrote, the united states could run out of money to pay its bills, quote, if congress has not acted to raise or suspend the debt limit by early june, and potentially as early as june 1st. that means congress has less than three weeks to act or risk an unprecedented debt default. in congress, their only inception a fraction of those three w ....

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CNNW Inside July 6, 2024

let s go, tim scott! let me let me close with this. as much as i m excited about this journey, i simply want to say this. it s really not about me. it s about that 7-year-old girl named jordan who brought roses to the station, it s about 12-year-old sutherland surrat who came on this stage. you see, america is a city on . we are the beacon in the midst of darkness. we have an unusual respon responsibility. we have the responsibility to prove that self-governance works. we have the responsibility to share for a thousand generations what america has done for me, she can do for you. this can t be another presidential campaign. we don t have time for that. we need a president who pe persuades not just our friends and our base. we need a president that persuades. we have to do that with common sense, conservative principles. but we have to have a compassion for people. we have to have a compassion for people who don t agree with us. we have to believe that our ideas ar ....

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