Evening Edition: Both Sides Dug In On Debt Limit Demands

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.4 • 1.7K Ratings

🗓️ 24 May 2023

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Both President Biden and Speaker McCarthy still seem very apart on agreeing to raise the debt limit but what really happens if the United States hits the debt ceiling? Some negative possibilities are: the Treasury can't pay its bills, markets could decline rapidly and retirement funds wouldn't reach millions of Americans. FOX's Eben Brown spoke with Chad Pergram, FOX News' Senior Congressional Correspondent, about where we stand and what consequences could the country face if the U.S. hits the debt ceiling. Click Here To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I'm Emily Camponio.
0:01.1	I'm Guy Benson.
0:02.0	I'm Shannon Bream, and this is the Fox News rundown.
0:08.4	Wednesday, May 24th, 2023, I'm Evan Brown.
0:13.2	Could the US default on its debt time
0:16.7	continues to run out for Congress and the White House
0:19.9	to reach a deal to borrow more money
0:22.9	as lawmakers are ready for a holiday weekend.
0:25.7	If they go home and the negotiators
0:28.0	continue at the table here,
0:29.6	maybe they get a deal over the weekend,
0:31.4	maybe Tuesday or something like that,
0:32.8	but members will go home.
0:34.5	This is the Fox News rundown evening edition.
0:42.4	From the Fox News Podcasts Network,
0:44.8	I'm Ben Dominech, Fox News contributor
0:46.9	and editor of the transom.com daily newsletter.
0:49.4	And I'm inviting you to join a conversation every week.
0:52.2	It's the Ben Dominech podcast.
0:54.0	Subscribe and listen now by going to Fox News Podcasts.com.
0:58.0	It seems that near daily meetings and negotiations
1:01.4	between US House Speaker Kevin McCarthy
	...

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