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The Excerpt

Veterans of 2011 debt ceiling crisis say this year is different

The Excerpt

USA TODAY

News, Daily News

4.11.2K Ratings

🗓️ 13 May 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

Veterans of the 2011 debt ceiling crisis say this year is different. USA TODAY Politics Editor Candy Woodall has the latest.

USA TODAY Washington Bureau Chief Susan Page looks at whether a viable third party candidate could shake up the 2024 presidential election.

The Idaho 'Doomsday Mom' has been convicted of murder.

Twitter has a new CEO.

Daniel Snyder formalizes a deal to sell the Washington Commanders.

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Transcript

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0:00.0

Good morning, I'm Taylor Wilson, and this is 5 things you need to know Saturday the 13th

0:08.0

of May, 2023.

0:11.4

Today, the clock is ticking on the debt ceiling.

0:24.0

Plus what could a third party candidate look like in the 2024 election?

0:29.1

And Twitter has a new CEO.

0:38.1

Congressional leaders had planned to meet with President Joe Biden at the White House

0:41.8

yesterday to try and make progress on debt ceiling talks, but the meeting was canceled.

0:48.3

That leaves us wondering where things stand this weekend.

0:51.7

I spoke with USA Today Politics Editor Candy Woodall for the latest and how this debt limit

0:57.0

crisis compares with another back in 2011.

1:00.8

Hello again, Candy.

1:02.2

Hello.

1:03.2

Thank you for having me.

1:04.2

Thanks for hopping back on debt ceiling talks continue, even though Congressional leaders

1:09.1

canceled their Friday meeting.

1:12.3

What do we know right now?

1:14.0

That's a sign of how serious these negotiations are, how serious this debt ceiling crisis

1:21.1

at the moment are latest stories shows that top aides who were on the front lines of

1:28.4

the debt crisis in the room where these negotiations were happening.

1:32.9

They told our reporter Ken Tran, they're concerned.

1:37.5

One even said scared much more this year than they were back then.

1:42.4

And that came up to the brink of 72 hours before the US went into default.

...

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