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The 11th Hour with Stephanie Ruhle

DAY 761: Biden, McCarthy hold first debt ceiling talks

The 11th Hour with Stephanie Ruhle

MS NOW, Stephanie Ruhle

Washington, Policy, Politics, President, News, Versant Media, Ms Now, Msnbc, Congress, Versant, Senate, Government

4.43.6K Ratings

🗓️ 2 February 2023

⏱️ 43 minutes

🧾️ Download transcript

Summary

President Biden and House Speaker Kevin McCarthy hold their first one-on-one meeting over the impending debt crisis. Meantime, no classified documents were found during a search at Biden’s Delaware beach house. Plus, the FBI is investigating George Santos’ alleged role in a service dog charity scheme. Yamiche Alcindor, Jackie Alemany, Chuck Rosenberg, Antonia Hylton, Charlie Sykes, Nick Troiano, and Allison Slater Tate join.

Transcript

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0:00.0

Tonight, the high stakes meeting between President Biden and Speaker McCarthy to tackle the

0:09.2

very real looming debt-sealing crisis.

0:11.9

What comes next?

0:13.4

Then Tyree Nichols laid to rest in an emotional funeral, his family and community calling for

0:18.7

healing and justice.

0:20.4

How does Memphis move forward?

0:22.6

Then the pressure cooker on American teens as college admission season kicks into high

0:27.2

gear.

0:28.2

The only thing that should matter to parents and families right now, as the 11th hour gets

0:33.7

underway on this Wednesday night.

0:41.4

Good evening once again, I'm Stephanie Ruhl.

0:44.0

And it is on the President and House Speaker going one-on-one to talk raising the debt ceiling

0:50.2

before the U.S. defaults on its debt for the first time ever, which of course, if it did,

0:55.8

would mean economic disaster.

0:58.1

President Biden wants to raise the limit without any conditions, while Speaker McCarthy

1:02.2

and House Republicans say there will be no increase without spending cuts.

1:06.4

The Speaker spent more than an hour with the President at the White House.

1:09.9

This afternoon, McCarthy said this about that meeting.

1:14.1

We both laid out some of our vision of where we'd want to get to, and I believe after laying

1:19.9

both about, I can see where we can find common ground.

1:22.9

There's nothing in there but me walking away that does not believe at the end of the

1:27.2

day we can come to an agreement that makes America stronger, puts us on a path to balance,

...

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