Treasury Sec. Janet Yellen has pushed back the deadline for the debt ceiling to June 5, allowing lawmakers more time to negotiate. NBC’s Garrett Haake has the details.
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#NBCNews #DebtCeiling #Treasury
The idea that the country will stop if they don’t come to an agreement is absurd at the least. What will actually take place is a bunch of overpaid privileged government employees wont get paid to come to work. I mean really, they should make them work any way since they do nothing for us all year long any how.
Tand your ground. This mess needs to end. Now. Praying to. God Trump needs tobendcthis sg-t show. I live on SS. 🙏🌹
This is abuse toward the elderly that’s all they have to live on.congress is awful . If we do not get social security then they should not get pay either
I’m surprised that the date changed because this means veterans, social security, and SNAP beneficiaries won’t be left struggling to pay bills and buy groceries. That takes a smidgen out of the apprehension they are experiencing.
No deal, let it default, the debt will ever be this low again!!
Biden and dems to dumb to care
its all a smokescreen and an excuse to cut social security and medicare while they hand trillions to defense companies so they can enrich their shareholders
Come on people….stop the negative responses….the government isn’t at fault because you all were sleeping and voting for them… it’s YOU. This isn’t something new… foundation was build the day they killed Jesus.. Jesus said no business in god’s house….look what happened.
They don’t deserve to go on vacation, with the future of this country and world at stake. How about lowering their pay? They live in fancy homes, at our expense
Isn’t this the same treasury department head that said inflation was transitory? Like I’m gonna believe the government
🤬🤬🤬🤬🤬🤬🤬🤬😶🌫️😶🌫️😶🌫️😶🌫️
Looks like the YellenDems BS narrative has nothing behind it but gas. Keep pumping the drama to keep the rubber money flowing, so we can absolutely and totally sink the country in a few years. “ you can’t stop us from sawing our own legs off And everybody else’s!” Hilarious little echo chamber
They’re all crooks. And We the People elected them. We get what we deserve.
This is what’s called MAKING UP THE RULES AS WE GO ALONG!
SMH!
Laws are fake and made up
Federal employees would go on vacation then get the so called backpay
Its all about getting what they want that has nothing to do with national spending.
There should be a work requirement for food stamps. Medicaid is different. Some people can’t work because of a medical condition. They may first need to take care of that to make them able to work.
Also, health care is often a lot more expensive than food. With food you can buy cheaper alternatives. Health care doesn’t usually work like that.
Millions of job losses..?? Where who..stop with the lies..
So now we can push back when the gov runs out of money. Got it.
We are doomed. Send me all your money if you want redemption.
Unbelievable that this happens every time! Power mad politicians have forgotten who they serve. Appalling & disgusting. Dishonorable.
The Democratic and Republican partys are both corrupt, liers and are only worried about their own wallet’s
Well like Biden press secretary said. He has no intention of negotiating. Biden own fault.
Why do America lawmakers terrorizes it’s citizens every year with this chicken debt ceiling
We need to vote out these politicians on both sides you don’t get vacation and we are struggling 😡 i hope middle/poor class see that their party doesn’t care if they can pay rent or buy milk for your children and democrat’s are weak they DON’T FIGHT FOR US hard enough….
The most worthless president ever. This administration is a threat to this country.. time we stop paying taxes
Janet Yellen has no idea what she is talking about, she has been involved with the treasury department under several administrations and there has been spending problems under each and every one of them.
Wow
Don’t f*** with China June 1st they want their 1 trillion dollars by midnight😅😅😅
Default!!!!
Yellen lied, surprise surprise
Republicans are anti-business and anti-labor.
SNAP benefits cuts!!!! From the party that calls itself “pro-life”😮
They shouldn’t be able to take a break until they get the job people pay them to do!
Remember this Vote Blue💙💙
On tomorrows episode, kev is over heard asking so is that june5 of this year ? Most of the 222 replied, I hope so
Considering the consequences of Biden’s reckless inflationary print-and-spend policy, I don’t think it’s unreasonable to ask him to stop. He’s basically paying to buy the deadbeat votes. If ,someone is able-bodied, why shouldn’t they work? And, if someone takes out a college loan, why shouldn’t they pay it back? No brainer, right?
Biden and amendment 14👍🏽
They blocked this from playing
The Republicans are not worried about their constituents
Fear mongers.
Stoping giving money to other countries, start taking care of the tax payers. How about we don’t pay any more taxes
the GOP is full of self serving grifters… f🤬k em all… cant wait to vote em out!!!!
“ as long as there is time to dig, deeper can be dug “ – reporter guy
These politicians are literally holding the whole country economy and life of small people in jeopardy.. While these millionaire have their vacations. They should are resign, they don’t serve, they are all with vested interest.
It’s so shameful we have a government that can’t work together and letting our country go down the tubes. And us Americans allowing it when we never should we have allowed it. To spend over the years of Americans money is sinful especially y when u rich people just got richer and richer off our money. Shame on you. Our poor children and people with great grandchildren. I’m no longer a republican or democrat, I’m an American who will pick the one who works for us Americans
to improve our lives not just theirs.
Why is anyone on vacation!!!?
Must have to do with Ukraine and military positioning funds.
McCarthy IS the problem.
Why are any newsgroups asking questions, what’s the hold up, whats on table apparently EVERY newsgroup isnt asking tough, important questions, REPORT! Why are you all afraid to ask????
Solution is simple… jst stop borrowing money from the Fed Reserve and cut the existing spending bills, like parts of the CHIPs bill and others like it that subsidize corporations. Stop the endless war and military presence all over the world to stop the mega military spending. And stop threatening payments for the poor and elderly. Stop all the BS covid spending and stop all the bailouts of every businesses like investment bankers (gamblers) and venture capitals (gamblers), and banks who’s majority deposits r VCs over 250K, car industries, stop all the climate change org creations transferring money into. If i go gambling at a casino or in the stock market and lose money, the govt isn’t bailing me out, so why r these gamblers being bailed out ! Lower the debt ceiling and stop the continual depreciation of the dollar, turning into toilet paper and destroying ppl’s savings.
“Let’s just say it the republicans are the problem.” This was written in 2012.
“The GOP has become an insurgent outlier in American politics. It is ideologically extreme; scornful of compromise; unmoved by conventional understanding of facts, evidence and science; and dismissive of the legitimacy of its political opposition.
When one party moves this far from the mainstream, it makes it nearly impossible for the political system to deal constructively with the country’s challenges.” – Ornstein and Mann
What you might also consider is Both political parties are at fault.
A thirty trillion dollars deficit comes from lack of financial responsibility from both House of Representatives and the Senate.
The Congress regulating Commerce and increasing the Treasury’ revenue by taxing Commerce; Congress choose to accept political donations to there political parties.
Gang Of Psychopaths want more tax cuts for 10% elite richest oligarch class, less corporate regulation
The man can’t pull up his own diaper, yet ppl think he can make good decisions. When ? Look at the nightmare he has created from Day One of his stolen position. Only the blind would think he could lead. He was the most corrupt Politician in the ’70’s why would anyone think he has reformed ?
What does the 14th Amendment say about the validity of public debt?
Section 4 of the 14th Amendment provides that “The validity of the public debt, authorized by law … shall not be questioned.” Legal scholars and historians agree that the clause was designed to ensure that the federal government would not repudiate its debts, as some former Confederate states had done.
Wealthy move the goal post as they please
Screwing the American people either way. Fascists!
McCarthy is going to end up with a target on his back
Let it default!!!
They need to take this seriously .
I’m not ready for another republican clown circus show ever 💥🤪
Build your money little by little.
Gambing with a chance brings in school money
CONGRESS IS GAMBLING WITH DEBT CELING.
Heal the covid sickness
The Republicans manufactured this crisis in hopes that a economic catastrophe would mean a win in 24. It’s already starting to backfire on them .
They are the New Face of terrorism, and must be held accountable at any cost. ⚔
Those Money 🤑 Funders MF’ers 👺
All these people have stolen everything we worked hard for.
Hello Democrats, please hold the line!! Say NO to the maga republicans hostage take down play!!!
Stop aide to Ukraine
McTraitor…
Republicans… thief’s all of them
Go on vacation while the American are in the balance
So, how many long weekends away from Washington is that ?? Republicans need to know
Sounds like Congress should be working to immediately pass a bill to adjust the budget so as to not default with the $4,900 B revenue we provide. Don’t raise the debt limit.
US default or not, the real debt is as high as 250 trillion. In fact even the military doesn’t know where their money is spent. For example spare parts for F-35 has gone missing and Pentagon doesn’t know where they are
😢 I want see default
42 million are on snap benefits. Things would get crazy if they were to be cut off
China doesn’t want the US to default.
Who do you think loaned the money to the US?
No country on Earth feels safe continuing to base their currencies solely on the US dollar.
Self no
THE ANTICHRIST IS IN CHARGE OF ALL THIS MESS 👈🏿👈🏿👈🏿
APOCALYPSE CHAPTER 6🏹🇵🇰🏹
THE ONLY WAY TO ESCAPE FROM JUDGMENT DAY.
👉JESUSCHRIST OF NAZARETH👈
JOHN 3:16👈
NO MAN CAN DO ANYTHING FOR THIS FALLING NATIÓN.
ROMANS CHAPTER 1 VERSES 25/32👈
LETS JUST SET it for june 5 2025
So Congress is trying to negotiate, but Biden can’t be bothered with it, so he sends people from the White House to do it? Tells people that his vacation is more important to him than the debt .
ถ้าไม่อยากให้ประเทศชาติล้มสลายต้องทำตามคำสั่งของเราเวลานี้ไม่ใช่เวลาที่จะมาแบ่งพรรคแบ่งพวกประเทศกำลังป่วยต้องช่วยกันรักษาทุกภาคส่วนทุกระดับชนชั้นต่อไปห้ามเพิ่มเพดานหนี้นำทองคำส่วนหนึ่งมาแปรรูปเป็นเหรียญให้เกิดเป็นมูลค่าเพิ่มและให้บริหารประเทศแนวทางเดียวกับฟินแลนด์แล้วประเทศจะหลุดพ้นจากกับดักหนี้สินและผู้นำคนต่อไปจะมีเงินบริหารประเทศโดยไม่สร้างหนี้สินเพิ่มอีกและผู้นำคนต่อๆไปก็จะมีเงินสร้างสรรค์โครงการใหม่ๆเกิดขึ้นตามมาให้ทำตามที่เราบอกห้ามขัดคำสั่งของเรา
Republicans are breaking their oath of office and need to be removed from office NOW! Or laws don’t matter! If they can break them with no consequences then we can too !🇺🇸
For 2024 election, the People should demand all Congress and Presidential candidates to lead by example and commit to cutting down their own salaries if elected.
Biden and the democats say you Americans need to work more and harder so the democats new voters have more of your hard earned money money!!!!!
But they have money for illegal immigrants to covering their expenses. We will have very hard time if they don’t decide to be do something helpful
America continues to be held hostage by its government. How long can a country survive on credit? You can’t rob Peter to pay Paul if Peter is out of money. Systems fail.
Since pandemic I live solely on my SocSec. I’m sure I’m not the only one. So at 71, I’ll have to live on the streets? 😑
Republicans for prison 2023
You can never believe a word that comes out any republicans mouth
Kevin has nothing to offer us he should go away or either shut his mouth
This is what happens when good people don’t hold your elected office holders accountable no one to blame but ourselves most people are to worried with their own selves to care or worry about what congress does and that’s what they bet on and win every time I’m guilty my self of not holding them accountable that’s how they win every time they work for you and I and I think they forget it because we don’t remind them every day when we see them in public
Proves there’s really no deadline at all. This entire “emergency ” is pretend
Buy a chicken or two. This could go bad 👀
Looks like we need another war to fill the pockets of the elites, so you can expect a war to kick off with Russia and China any day now, isn’t that blackmail
Republicans will burn down the USA for Trump so he can later announce that he is a saver and that is Biden’s and Democrats’ fault and not that Republicans took the USA hostage and behave like kids whose mama doesn’t want to buy icecream.
oh wow, so all she has to do is keep pushing the date back. SO we don’t default. smh