House Republicans passed a bill last week that would both raise the debt limit and trim spending. KARINE JEAN-PIERRE: The only way to avoid this kind of economic disaster is for Congress to do its job and prevent default. White House Press Secretary Karine Jean-Pierre: Treasury Secretary Janet Yellen on Monday warned that the country could slam against the current debt ceiling on June 1st, risking default on US debts. But the president has said tying spending cuts to the debt limit is out of the question. Republicans want to reduce overspending before agreeing to borrow more. In the meeting one week from today, Biden says he’ll discuss the need to pass a clean bill that raises the debt ceiling without cutting spending. And I’m looking forward to the president changing his mind and negotiating with us.īut it’s not clear that the president has changed his mind. KEVIN MCCARTHY: The only way you solve problems is you negotiate. Hours earlier, House Speaker Kevin McCarthy told reporters: KENT COVINGTON, NEWS ANCHOR: Debt ceiling »President Biden has invited top lawmakers to meet with him at the White House next week to talk about raising the debt ceiling. REICHARD: Up next, Kent Covington with today’s news. I’m Mary Reichard.ĮICHER: And I’m Nick Eicher. This is The World and Everything in It from listener-supported WORLD Radio. Plus World’s Classic Book of the Month.ĪUDIOBOOK: “Aye, breach your last to the sun, Moby Dick!” cried Ahab, “thy hour and thy harpoon are at hand!”Īnd WORLD’s Steve West on what it means to be of good courage. NICK EICHER, HOST: Also today: a new front on the fight to protect lives from chemical abortion. Some states are moving to re-criminalize possession of deadly drugs.ĪUDIO: Drug overdoses now account for 80 to 85% of the city's accidental deaths, and it blames fentanyl. I’m John Schweizer and my wife Sheila and I live in Everett, Washington, where we’re local missionaries with Evangelism Explosion International helping churches equip the saints to share the gospel of Jesus Christ.
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