President Biden accused Republicans of risking a potential default as he faces a growing showdown over America’s ability to pay off its debt. House Speaker McCarthy outlined a new proposal to agree to raise the debt limit if Democrats agree to cut spending. NBC News’ Kristen Welker reports.
» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
» Watch more NBC video: http://bit.ly/MoreNBCNews
NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.
Connect with NBC News Online!
NBC News App: https://smart.link/5d0cd9df61b80
Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621
Visit NBCNews.Com: http://nbcnews.to/ReadNBC
Find NBC News on Facebook: http://nbcnews.to/LikeNBC
Follow NBC News on Twitter: http://nbcnews.to/FollowNBC
Get more of NBC News delivered to your inbox: nbcnews.com/newsletters
#NBCNews #Biden #Republicans
I strongly urge everyone to look up just what the GOP are calling a budget- its clear they would rather hurt US citizens than raise the debt ceiling
NBC they hate racist propaganda. You can’t replace feelings for Truths and expect conformance. It never ends well. Its hypocrisy for manipulation.
McComrade and the Make Russia Great Again crowd want the US to default.
Republicans are asking Biden to do what they refused to do themselves back in 2017.
Accountability, Biden Family.
Okay miss conspiracy.
@CW Everytime something gets called a conspiracy theory, these days, it turns out to be true.😉
@Rebecca Perry-Piper no it doesn’t. That’s called delusion.
@CW Ah, Mr. Psychiatrist.
@Rebecca Perry-Piper maga morons have lost their minds after humiliating defeat in midterms 😂😂😂😂
What spending cuts? It’s our money taken from our paychecks. It’s a shell game…
Your money ?? 🤣😂😂. Liar
We wouldnt have deficit if tht money is enough take care our spending….. Government print treasury bond bc they dont have money lol
Kenin McCarthy is a known pathetic liar and his Republican band of traitors are out to Destroy this country. They have done nothing for this country since they Hijacked the house of representatives.
This is not a showdown it’s Republican traitors trying to destroy our Country.
Republicans sucks
Tell Ukraine to pay the US back.
If Ukraine falls it will be the beginning of WW3. You know that right? It’s a matter of national security, and world security we do the right thing. If will cost far less in the long run. Also, it’s unlikely any survives WW3.
Also, force the very rich, who got hefty tax breaks from Trump to pay back the 3 trillion.
The money being spent to defend Ukraine against Putin Trump is worth every dime.
@Shiraz Ismail STUPID both sides blame the other- DEMAND CONGRESS STOP SPENDING
@Shiraz Ismail How about we just tax democrats more for all their social services and redistribution of wealth programs? Hospital CEOs and Insurance Companies made record profits under Obummer. And to think he tried to fine people for not going along with his commie crap.
Republi-klans think that this is a game.
Today is the problem, not tomorrow or yesterday.
McCarthy doesn’t have a budget and he can’t guarantee that he has the votes to pass anything. He’s a sad little clown in a sad little circus. The real joker is that he’ll have to beg Democrats for votes to avoid default. If he chooses default the Republicans won’t elect so much as a dogcatcher for a few cycles.
There’s no showdown at all it’s either they default or they don’t
Guess which finger will answer all your negotiations questions?
🗣MCCARTHY SUCH A 📣LIAR & WIMP…. 👉👉GO AWAY ALERADY👈👈❗️
The Republican mafia thugs power for the rich this is what they do
I trust President Biden but I would be very pleased if the student debt deal was scrapped and all the lazy people at home were cut off from the free ride they are getting. Except senior citizens they deserve all the help the and support possible.
@gotsu and it is their choice as a adult….. nobody force them to take tht loan
@Ji Hwan Kim ofcourse theyre forced to, how can you work as a doctor without a degree???? Or you dont want doctors??
He’s simply creating a sinking ship. All this focus on Trump. It’s insane. Biden doesn’t own up to a thing. He thinks he’s done great things. Seen any of that yet? I’m so tired of this crazy culture that have lost their minds since he came in. Plan on a future? He’ll burst that bubble fast! Can’t wait for another one of his creepy whispers. This is disgusting you guys.
@gotsu don’t forget about the fact AI and robots will replace 80% of the total workforce.
Including lawyers and doctors.
@Joshua Muir lawyers i hope so
Wasn’t it the GOPs who increased the debt by 3 trillion by giving the very rich a great tax break and taxing the middle class. Mr. McCarthy, you, and your GOP cronies who are just filling their pockets are on your way out.
Cut government employees now! Ban government employee unions now!
Unions are the only thing keeping a living wage alive for most of us in the US. I hate corruption but you should be asking to overturn union busting and so called right-to-work laws, and child labor expansion.
imagine not showing biden’s budget thats been out for over a month now….
Kevin McCarThy warned The PubLic , that , in the nexT few years , the USA wiLL Have , is due to pay off , coming To expiraTion Debt of up to NINE TriLion DoLars , of inTeresTs , on the allready exisTing debt , that wiLL expire , whereas since 1945 To 2005 , for decades , the USA paid onLy Four TriLion of interests , so a CLear WARNING there by RepresenTaTive McCarthy to the pubLic on Fox News few days aguo . 🙂
Woe 🥀
Peace ❤️and 💙Blessings💜 Too 💛My ❤️Brothers 💙May 💜God💜 Bless❤️ Everyone 💙Always 💛May💜 God ❤️Bless 💜Everyone💜 Richly❤️ with 💙everything💜 they💛 need ❤️Always💚 Much 💛Love💛 Blessings 💙Always ☺️ 🎇 🌈 🌐 💯✌️💛💜💙❤️❤️❤️❤️❤️💙💙💙❤️💙💙💙
May💙 God 💛Be 💚With💜 Everyone ❤️Always💚 Much💜 Love❤️ Blessings💛 Always ☺️ 🎇 🌈 🌐 💯✌️💜💛❤️❤️❤️❤️❤️❤️❤️❤️💛💛💚
Jesus is coming soon! Luke 21:36
1 Thessalonians 5:9, Romans 5:9, Revelation 3:10, 1 Thessalonians 1:10, Hebrews 9:28, TItus 2:13
For nation will rise against nation, and kingdom against kingdom, and there will be famines and earthquakes in various places. All these are but the beginning of the birth pains.” (Matthew 24:6-8)
Bidens “economic vision” is just brilliant ! Professionals making $125K get free tuition while the single, childless guy working for $20/hr at walmart is forced to pay $thousands in income taxes !
GREAT JOB DEMOCRATS ! Free childcare for women who don’t even work never mind need childcare …….smart !! Monthly cash “tax credit” payments made to people with kids while the childless get taxed into poverty …..great !!!
Bidens “vision” is simple …..pay off our voters no matter who it hurts !!! I can hear some liberal clown already saying that a tax break is a “giveaway” ….joke ! You cannot “give” somebody something that was already theirs !!!
Biden Warns That If Debt Ceiling Isn’t Raised We Might Default On Our Obligations To Ukraine
Biden is proposing 3.9t in new taxes. That’s all you need to know 😂
The proof of corruption is there and in the open and this guy STILL WANTS TO RUN FOR REELECTION
Conservatives are lower life forms. Especially the boomers.
Meanwhile the billionaires and corporations have 24 trillion plus on the tab never paid for. And they want more. Americans are really stupid by and large. Eventually, we will elect another right winger and that will crash us bad.
Biden checklist:
-keep the border open and let millions in
-keep thousands of homeless people roaming the street
-keep spending billions on a war in Eastern Europe
-keep gas prices at record high
-keep the store shelves empty
-keep the spy balloons flying over the American citizens
-keep his approval rating in the 30s (39% right now Rueters 4-21-23)
-keep letting cities like Chicago and Seattle celebrate violent crime and defund the police.
-keep the lab leak truth hidden forever
-keep media censorship alive
-keep having no accountability for anything
-keep his bid for reelection going
He’s killing all hope. 😢
Listen to this clown Biden tell people that failure to raise debt ceiling will hurt them .
AS IF $30+TRILLION NATIONAL DEBT IS DOING THEM ANY GOOD .. ….
Biden should leave white house. While US doesn’t have money, Biden keeps wasting money. I hope that we won’t need to pay tax, mortgage, car loan, and debts and keep spending money via my credit card as how Biden manage our country debt issue.
Could you even think about stop the spending biden….
JUST WHEN YOU THOUGHT YOU’D HEARD THE WORST ABOUT PRES. BIDEN – the latest is charging homebuyers with good credit an additional fee to subsidize homebuyers with poor credit! Reports say this could range between $40 and $100 a month on your mortgage! THIS IS CRAZY RE-DISTRIBUTION OF WEALTH! Good credit borrowers have ALWAYS gotten better interest rates! Joe Biden is turning this time-honored tradition on its head! SOCIALISM WILL DESTROY THIS COUNTRY!
Wild how the government works, or doesn’t.
The National Debt is unsustainable …. period !
Every taxpayers’ share is $ 190,000
Are you ready to pass off this debt to your kids, and grandkids ?
On a sidenote, Biden’s recent trip to Ireland (with his sister and Hunter), is expected to cost $ 8,000,000 !
This equates to 42 taxpayers full share of the debt.
Couldn’t he just have zoom called the meetings ???
Yesterday, I used the ATM. The ink on the 20s was still wet.
Worst President in American history
Worst president ever
All the cover-ups about to be announced about Biden family. Kept from people during 2020 election and certainly would of changed outcome. Democrats are using old Soviet tactics against the people of America. That’s the reality.
The republican requests are not unreasonable, I feel they are the least negative effect on 200 million of the nation’s 336 million people and that is something democrats should accept
Bidens mind defaulted a long time ago.
Biden cut food stamps off for thousands, on the same day sent millions to Ukraine. He has cut Oil, Coal, capping Natural gas wells, now Saudi Arabia has signed with BRICS cutting off America oil, Australia has signed with BRICS, Africa signed with BRICS, China dumping all Dollars BRICS, France met with China , Mexico has met with China both will soon dump the Dollar, he has destroyed America, more Jobs have been lost this year in history, With 4 wars and now Sudan, so 5 wars, but he has given more money away then any President in history, and has made millions from China for his Family by given American jobs to China.
They have to remove your Constitutional rights so they can get there wish, (you will own nothing and be Happy.
Its called communism.
Just retire