meta_pixel
Tapesearch Logo
Log in
Start Here

Life or Debt: Concerns Growing Over Debt Ceiling

Start Here

ABC News

Politics, Daily News, News

4.56.4K Ratings

🗓️ 22 May 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

President Biden prepares to meet with House Speaker Kevin McCarthy as the debt limit deadline approaches. Russia claims it’s taken the Ukrainian city of Bakhmut. And the NAACP issues a “travel advisory” for the state of Florida. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Google connects millions of people in the UK to publications of all sizes,

0:04.2

from national papers to local press, part of our commitment to supporting a strong and varied

0:09.4

UK news industry. Learn more at g.co-sla-supportingnews-us.uk

0:15.4

It's Monday, May 22nd, and the staffers didn't seem to get any further than their bosses. We start here.

0:23.1

After calling a time out, President Biden and House Speaker Kevin McCarthy will face off

0:27.6

again to discuss the debt ceiling. I mean, how do people feel when they're about to lose everything?

0:33.6

That's how you feel right now. Yes. The uncertainty is starting to stress out their voters,

0:38.0

so what could make the difference? The city Ukraine thought it could hold appears to fall to Russia.

0:43.8

The Ukrainians have been driven even further back right to the western fringes of the city.

0:48.3

But this is one part of a complicated picture we'll take you there. And there are travel

0:52.2

advisories for war-torn countries, international pariahs, and Florida. One of the biggest drivers

0:57.7

of the Florida economy is tourism. Some progressive groups are telling travelers, don't go there.

1:05.2

From ABC News, this is Stark here. I'm Brad Milky.

1:09.7

President Biden had some important stuff to do this weekend at the G7 conference.

1:23.4

For one, remember, this used to be the G8. The whole reason it's the G7 is so that countries

1:27.7

can counter the actions of Vladimir Putin. The gathering was being held in Japan, which really

1:36.9

drove the other concern, getting Pacific countries united in the face of a rapidly rising China.

1:42.1

And we're going to continue to put Taiwan in a position that they can defend themselves.

1:46.7

And there is clear understanding among most of our allies that, in fact, if China were to

1:51.7

accurately, there would be a response. Originally, Biden was supposed to do a whole

1:56.1

extra tour stop down in Australia to get everyone on the same page. Well, all that seemed to pale

2:01.9

in comparison to the urgency Biden is feeling at home when it comes to the debt ceiling.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from ABC News, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of ABC News and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.