Biden and McCarthy meet as U.S. debt default deadline looms
Anderson Cooper 360
CNN
3.7 • 3.8K Ratings
🗓️ 23 May 2023
⏱️ 42 minutes
🔗️ Recording | iTunes | RSS
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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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