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Transcripts For BBCNEWS Asia 20240706



trigger a constitutional crisis. president biden is asked for the ceiling to be raised with no strings attached, something the republicans have been unwilling to budge on. time is ticking. secretary yellen has estimated the government could run out of money to pay its bills next month. it money to pay its bills next month. , ., , , money to pay its bills next month. , ., ,, .,, money to pay its bills next month. , ., ,, , month. it is congress was my “ob to month. it is congress was my job to do month. it is congress was my job to do this. month. it is congress was my job to do this. if month. it is congress was my job to do this. if they - month. it is congress was my job to do this. if they fail - month. it is congress was my job to do this. if they fail to l job to do this. if they fail to do it we will have an economic and financial catastrophe that will be of our own making and there is no action that president biden and the us treasury can it take to preven ....

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Transcripts For BBCNEWS Asia 20240706



biden has asked for the ceiling to be raised with no strings attached, something the republicans, of course, have been unwilling to budge on and time is ticking. secretary allen has estimated the government good run out of money to pay its bills by as soon as next month. take a listen. is soon as next month. take a listen. , ., , , soon as next month. take a listen. , ., ,, .,, soon as next month. take a listen. , ., ,, , listen. is congress was my “ob to do this. listen. is congress was my “ob to do this. if d listen. is congress was my “ob to do this. if they i listen. is congress was my “ob to do this. if they faili listen. is congress was my “ob to do this. if they fail to i listen. is congress was my job to do this. if they fail to do . to do this. if they fail to do it will have an economic and financial catastrophe that will be of our own making and there is no action that president biden and us treasury could take to prevent that catastrophe.- take t ....

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Transcripts For BBCNEWS Asia 20240706



the republicans have been unwilling to budge on. and time is ticking. janet yellen has estimated the government could run out of money to pay its bills as soon as next month. it s congress s job to do this. if they fail to do it, we will have an economic and financial catastrophe that will be of our own making. there is no action that s evident biden and the us treasury can take to prevent that catastrophe. fin treasury can take to prevent that catastrophe. on tuesday, president joe that catastrophe. on tuesday, president joe biden that catastrophe. on tuesday, president joe biden will- that catastrophe. on tuesday, president joe biden will meet | presidentjoe biden will meet with congressional leaders to try and resolve this crisis. but if not, washington could be sent into a debt default by june. the debt limit was created in 1917, and currently stands at over $31 trillion. the ceiling has been raised 78 times in 1960. a senior analyst at moody s said we need a s ....

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