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The Fox News Rundown

From Washington: House GOP Pass Debt Limit Bill Ahead Of Default Deadline

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.41.7K Ratings

🗓️ 29 April 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

On Wednesday, Speaker McCarthy managed to advance a GOP-led bill through the House that would raise the nation's debt limit while also limiting federal spending. Although Speaker McCarthy was able to narrowly secure the votes needed to pass the legislation, the bill is unlikely to survive the Democrat-led Senate. President Biden has maintained that he will not meet with House Republicans to negotiate whether or not the debt ceiling is extended, adding to tensions at the nation's Capitol as the default deadline fast approaches. FOX News Senior Congressional Correspondent Chad Pergram unpacks the contents of the debt limit bill and explains how it was able to pass in the first place. He later looks ahead to the future of the bill amid the looming economic crisis at hand. Mayor Oscar Leeser announced that he will declare El Paso, Texas in a state of emergency once Title 42 expires, effective May 11th. Large concerns that the city is facing are the thousands of migrants waiting to cross the border at once, limited mass sheltering, and lack of transportation out of the community. Deputy City Manager Mario D'Agostino details how El Paso is preparing for this influx of migrants, reveals how much their plans will cost, and explains why declaring a state of emergency is the only effective way of even beginning to prepare for this border crisis. Later, he shares his thoughts on DHS Secretary Alejandro Mayorkas and the federal government's efforts to assist the city. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Saturday, April 29th, 2023, on Jared Halpern, a debt limit hike clears the house with

0:11.3

the president and Congress are no closer to avoiding a default.

0:15.3

Kevin McCarthy proved to be artful in hitting the sweet spot to get the votes for his

0:19.7

bill with his conference.

0:22.2

But I tell you, he's really going to have to take it on the chin.

0:25.8

If they do get a deal and get something through the Senate, that can command 60 votes.

0:31.1

I'm Jessica Rosenthal.

0:32.4

A pandemic era health policy applied at the Southwest border will be lifted in less

0:36.5

than two weeks.

0:37.8

Border towns and communities are preparing for what they think may be an unprecedented

0:41.9

surge of migrants.

0:43.5

Our intel is telling us, I mean, I think it was the governor of Chihuahua in Mexico

0:47.3

stated that there was over 30,000 people waiting in Wattas, Mexico to cross over.

0:53.4

This is the Fox News rundown from Washington.

1:07.2

Nothing's changed.

1:08.6

Days after House Republicans narrowly pushed through a bill raising the debt limit, Congress

1:13.0

and the White House are no closer to solving a fast approaching default deadline.

1:17.4

President Biden has not shifted that stance, arguing Congress and Republicans must lift

1:30.2

the borrowing limit without conditions or tied to any spending cuts.

1:34.2

The GOP bill approved this week is tied to trillions of dollars in budget caps, spending

1:39.6

cuts and deficit reduction.

1:41.6

And Speaker Kevin McCarthy says he still not received any invitation from the president

...

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