From Washington: Debt Limit Talks Stalled Ahead Of Default Deadline
The Fox News Rundown
FOX News Podcasts
3.4 • 1.7K Ratings
🗓️ 20 May 2023
⏱️ 40 minutes
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| 0:00.0 | Saturday, May 20, 2023, I'm Jared Halpern. President Biden cut short a foreign trip |
| 0:11.0 | focused on Ukraine and China to deal with alluming debt default back at home. |
| 0:15.8 | And just because you get a deal with those negotiators doesn't mean that you have the votes. |
| 0:20.2 | And fewer migrants are crossing the border after Title 42 is lifted, but that is not easing |
| 0:25.3 | the burden on many cities and states. We're still on a clip, probably on a page for two and |
| 0:31.1 | a half to three million people coming across illegally. This is the Fox News rundown from Washington. |
| 0:48.6 | Words like impass and stalled and paused or not great if you're trying to close a deal with a |
| 0:54.8 | fast approaching deadline. It's an even more grim outlook when failure could lead to a default |
| 1:00.2 | and economic consequences feared across the political landscape. |
| 1:04.4 | But Friday, those were the words used by a Republican negotiator trying to strike a budget |
| 1:09.7 | deal and debt limit increase with White House officials. A timeline is already truncated with |
| 1:15.2 | House Speaker Kevin McCarthy suggesting something needs to come together by the end of this weekend |
| 1:20.6 | or certainly by early next week. The Senate has adjourned and is on recess, but majority leader |
| 1:26.9 | Chuck Schumer told colleagues to be ready to race back here with as little as 24 hours notice |
| 1:32.4 | if a bipartisan agreement emerges. So is it time to push a panic button? That's where we start |
| 1:38.8 | today with Fox News senior congressional correspondent Chad Pergram. |
| 1:42.8 | Well, you know, it's funny. Sometimes I talk to people back home and they say, |
| 1:46.1 | well, why don't they just all work it out? You know, or how dare they go and recess? |
| 1:50.0 | And this is just not this subject that's other subjects. And I'm like, there's no reason for |
| 1:53.9 | Congress to be in session and keep people sitting around the building unless you have something to |
| 1:58.8 | vote on. Well, there's no deal yet. Now, this recess was scheduled months ago. The House |
| 2:04.8 | schedule was set months ago. They happen to be in next week. But what probably is going to happen |
... |
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