4.1 • 3.7K Ratings
🗓️ 23 May 2023
⏱️ 42 minutes
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President Biden and House Speaker Kevin McCarthy met at the White House to discuss how to avoid a default on the nation’s debt. McCarthy told reporters there’s no deal but it was a “productive discussion.” CNN Capitol Hill Reporter Melanie Zanona joins AC360 from Capitol Hill to discuss what the major sticking points are between the Democrats and Republicans.
Plus, South Carolina Sen. Tim Scott officially announced he’s entering the Republican presidential primary. CNN Chief Political Correspondent Dana Bash tells Anderson Cooper what she thinks Scott’s lane will be as he goes toe-to-toe with former President Trump, currently the Republican frontrunner.
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0:00.0 | Good evening. |
0:01.0 | We begin tonight with breaking news signs of cautious optimism in the debt ceiling stand |
0:05.8 | off, where this few of his ten days left before the federal government runs out of cash, |
0:09.5 | and with House Republicans trying to extract major budget cuts and exchange for allowing |
0:13.8 | new borrowing to pay the bills. |
0:15.9 | President Biden and House Speaker McCarthy have just wrapped up talks at the White House. |
0:21.2 | I felt we had a productive discussion. |
0:25.3 | I believe we can get a death sentence. |
0:28.3 | We can hear from the White House. |
0:29.3 | Earlier, it's a treasurer, Secretary Janet Yellen reminded lawmakers of the stakes saying |
0:33.2 | it's, quote, highly likely, unquote, the government will default as early as June 1st. |
0:37.9 | As you know, his military is known to join us now with more from the Capitol. |
0:41.4 | So what's the status of negotiations after speaking of McCarthy's meeting? |
0:45.3 | Well, the talks are still very much alive, which is a positive sign after a tumultuous |
0:50.2 | weekend of negotiations. |
0:52.1 | Both sides are still very much committed to getting a bipartisan deal. |
0:56.0 | You're having McCarthy, as you heard, struck a very positive tone after his one-on-one |
0:59.6 | meeting with President Biden, which lasted for an hour and a half. |
1:03.0 | And the staff is going to continue to meet tonight all through the night, as what Kevin |
1:07.1 | McCarthy said. |
1:08.1 | In fact, we just saw a bunch of pizzas being wheeled in Speaker, Kevin McCarthy's office, |
1:11.0 | which is usually a sign that they are digging in for the long aisle here. |
... |
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