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PBS News Hour - Brooks and Capehart

Brooks and Capehart on the chances of reaching a debt ceiling deal before default

PBS News Hour - Brooks and Capehart

PBS NewsHour

News, Politics

4.51.2K Ratings

🗓️ 26 May 2023

⏱️ 11 minutes

🧾️ Download transcript

Summary

New York Times columnist David Brooks and Washington Post associate editor Jonathan Capehart join Geoff Bennett to discuss the week in politics, including the ongoing negotiations in Washington to raise the nation's debt ceiling and Republicans Sen. Tim Scott and Florida Gov. Ron DeSantis officially launch their presidential campaigns. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

Transcript

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0:00.0

It is Friday and we turn now to the analysis of Brooks and K-PART, that's New York Times

0:05.3

columnist David Brooks, and Jonathan K-PART, associate editor for the Washington Post,

0:09.8

great to see you both.

0:10.8

And, Jeff.

0:11.8

So, lawmakers now have an additional four days to arrive at a deal on the debt ceiling.

0:16.0

The Treasury Secretary said that the agency, the department, won't run out of money until

0:21.0

at least June 5th, so buying more time for those debt talks.

0:24.3

The previous deadline, of course, was June 1st.

0:26.4

I want to start with your assessments of where we stand now, starting with you, David.

0:30.3

I'll stick with Biden, optimistic.

0:33.5

You know, compared to where we were a week ago when we were sitting here, and they were

0:37.0

possibly on pause.

0:38.0

We're in a much better place, obviously, today.

0:42.1

Everybody seems to be having productive talks, and this is why it pays to be a history

0:45.0

major.

0:46.0

I was a history major, and you know, they've had dozens and dozens of these things every

0:50.3

over the last few decades, and every time they scare the something out of us, and then

0:55.5

they cut a deal.

0:56.8

And it looks like they're probably going to do that again.

0:58.6

Yeah.

1:00.6

Yes, I want to, I want to be that optimistic, excuse me, but I do want to just point one

1:06.1

thing out, that the letter that the Treasury Secretary put out today saying that June 5th

...

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