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The Situation Room with Wolf Blitzer and Pamela Brown

Dow falls lower amid recession fears

The Situation Room with Wolf Blitzer and Pamela Brown

CNN

News

3.2865 Ratings

🗓️ 20 January 2023

⏱️ 41 minutes

🧾️ Download transcript

Summary

A high stakes political standoff emerges over rising the debt ceiling after the U.S. hits its $31 trillion limit. The threat of an economically disastrous default is now hanging over Congress, the White House, and every American. Also, a new report that CIA Director William Burns made a secret trip to Ukraine to brief President Zelensky and share U.S. intelligence on Russia’s next move. Also, actor and producer Alec Baldwin now faces criminal charges in the fatal shooting of a crew member on the set of the film “Rust.” To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:25.6

Go to Economist.com and get your first month free. Happening now a high-stakes political standoff over raising the debt ceiling after the

0:38.9

US hits its 31 trillion dollar limit the threat of an economically disastrous default is

0:45.4

now hanging over Congress, the White House, and every American.

0:49.9

Also this hour a new report that CIA director William Burns made a secret trip to

0:55.6

Ukraine to brief President Volodemir Zelensky and share US intelligence on

1:00.3

Russia's next moves in the war.

1:03.0

An actor and producer Alec Baldwin now faces criminal charges in the fatal shooting of a crew member on the set of the film Russ.

1:11.0

Our legal experts are weighing the evidence and whether

1:14.2

the involuntary manslaughter charges will stick. Welcome to our viewers here in

1:20.0

the United States and around the world. I'm Wolf Blitzer, you're in the situation room. We begin with the partisan showdown over raising the debt ceiling and fears of an

1:36.4

unprecedented default by the United States. Our chief congressional

1:41.0

correspondent, Manu Raju explains where this critical fight stands tonight.

1:48.1

Tonight Congress and the White House engaged in a risky standoff as the U.S US reaches its 31.4 trillion dollar borrowing limit.

1:56.4

The White House and Congressional Democrats say no negotiations to raise the debt ceiling

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