Tonight on the Readout.

Oh my goodness!

Yeah, I'm guessing that's not how Republican Senator Tim Scott wanted to kick off his presidential

campaign.

But that was just the start of an announcement that played up all the old conservative

talking points while downplaying racial disparities in the U.S. economy.

Plus, the Trump Putin love affair heats up as Russia announces a new set of sanctions

targeting Trump's critics.

And Stacey Abrams joins me to discuss lingering concerns about political power and representation

for black women in the Democratic Party.

But we begin tonight with the old BAME switch.

We are just one week away from a potential default of the national debt, which every economic

expert agrees would be catastrophic for our economy, resulting in millions of Americans

becoming unemployed.

Interest rates on your homes, cars and credit cards shooting through the roof and a major

punishing recession.

A meeting between President Biden and House Speaker Kevin McCarthy at the White House is still

ongoing, as the clock ticks down to find some agreement to avert economic disaster.

Treasury Secretary Janet Yellen warned again of a default as soon as June 1st, saying

it's now highly likely the U.S. will run out of cash if the debt limit isn't resolved

by that.

Now to understand why we're here, I refer you to a quote by the 36th President of the

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