leader jeffries. mr. jeffries: questions? reporter: thank you very much, leader jeffries a few questions, will the democratic caucus accept a deal on the debt if the president and the speaker are able to reach an agreement? will democrats except any change in work requirements and anything you would be willing to concede, recovering unspent covid funds? mr. jeffries: president biden has put reasonable proposals on the table. president biden introduced the budget on march 9. that budget will strengthen and protect social security, invest in an economy that cut the -- that works for everyday americans and cut the deficit by $3 trillion. in part by making sure the wealthy, well connected and well off pay their fair share. we increase investments in the american people while at the same time ending big subsidies for phrma and big oil. that is president biden's proposal. and republicans want to cut spending in the way that will hurt veterans, disabled children, hurt the american people. in a divided government situation. democrats

and i yield back to leader jeffries. mr. jeffries: thank you. questions. reporter: speaker mccarthy negotiated this bill and white house is negotiating this bill. what is your message to progressive members to say those work requirements shouldn't have been on the table? mr. jeffries: same message is the same message i delivered in my conversations to all of the house democrats throughout the last several days as we have been working through receiving information from the administration and in the context of the discussion earlier today. now, speaker mccarthy and the house republicans have been negotiating or in terms of both the house and the senate in this context. so as katherine clark it is our expectation that republicans will produce 2/3 of their conference to support a resolution that they negotiated after driving the country into a hostage-taking situation on the brink of default. 150 votes is what the house republicans need to produce consistent with what they've agreed to do in terms of getting this bill over the finish line. house democrats are

jeffries: good morning. we find ourselves in the mr. jeffries: good morning. we find ourselves in the midst of a g.o.p.-manufactured default crisis. because house republicans have chosen to try and hold our economy, our small businesses, everyday americans hostage to to put in the public domain. extreme maga republican position continues to be for many of their members that we need draconian cuts to medicaid, for disabled children and seniors throughout the country. we need draconian cuts to education, draconian cuts to health care, draconian cuts to law enforcement, draconian cuts to homeland security. and draconian cuts to food and nutrition programs that benefit millions of food-insecure americans. that's the default on america act and that's the position that many extreme maga republicans continue to articulate throughout the week. take it or leave it. essentially saying to the american people that there are only two options on the table as far as the right-wing extreme ideologues see it. the default on america act that will be devastating for millions of

reporter: leader jeffries. i want to get your reaction to yesterday, republicans held their press conference talking about how talks have been progressing. at one point someone asked about work requirements. when they brought up a quote from the president saying he does not want anything with consequence attached to it, republicans laughed at the idea, even senator john barrasso saying, and could you hear him saying, loser, in reference to the president. what's your reaction to when republicans are saying things like that and then as a follow-up, a secondary question, reaction to the police act that's going to be voted on later today? mr. jeffries: it's not clear to me why extreme maga republicans like marjorie taylor greene or george santos and others aren't taking the possibility of default seriously. why are they laughing? when the health, the safety and the economic well-being of the american people are at risk because of an effort by right-wing extremists to drive us toward a dangerous default. we need res

i yield back to leader jeffries. mr. jeffries: thank you. questions? reporter: you are -- leader jeffries, you said speaker mccarthy negotiated this. the white house was negotiating as well. what is your message to progressive members in your caucus who say those work requirements should have never been on the table? mr. jeffries: that message i just delivered from this podium is the message i delivered in my conversations to all of the house democrats throughout the last several days that we have been working through receiving information from the administration. and in the context of the discussion earlier today. now, speaker mccarthy and the house republicans had been negotiating for in terms of both the house and senate, in this context. so as katherine clark indicated it's our expectation that at minimum, at minimum house republicans will produce 2/3 of their conference to support the resolution that they negotiated after driving the country into a hostage taking situation on the brink of default. 150 votes. is what house republicans need to produ

jeffries: it's going to impact the c.d.p.'s ability from a resource standpoint to do the type of enforcement in dealing with drug interdiction. and this is based on a false premise that fentanyl is coming into our country according to the extreme maga republicans, people who are entering this country illegally, when statistics clearly indicate that approximately 90% of the fentanyl coming into this country comes through the ports of entry, not as a result of illegal crossings. and the majority of individuals who are detained for illegally bringing fentanyl in this country happen to be united states' citizens. so, as is often the case with my extreme maga republican colleagues, they create a fictional argument around what is happening at the border and then actually do knowing to solve the real problem. and that is exactly what the child deportation act is all about. reporter: part of this conversation about the cuts -- [indiscernible] others have said, you have been critical and democrats have been critical may impact the reve

back to speaker jeffries. mr. jeffries: thank you, mike. thank you, micki, thank you to all the distinguished members of the caucus who have dedicated their life to service for the american people, for our values and for veterans and military families. let me yield briefly to the vice chair of the house democratic caucus, ted lieu. mr. lieu: thank you, leader jeffries, for your exceptional leadership and to the terrific speakers we just had. i want to mention the other people we have with us today. we have congressman chris deluzio from pennsylvania. congressman ruben gallego. we have the ranking member of the veterans' committee, mark takano. we have the ranking member of military affairs and veterans' affairs, debbie wasserman schultz. and we have the air force representative here, me. and i want to talk to you briefly about why we know republicans want to cut funding to veterans. one, they already did it on the default on america act. the clawback provisions that had money for the v.a. and it's going to put 22% cuts to veterans' funding.

jeffries: good evening. great to be with you.ff: after yesterday's white house meeting, what's the path forward on raising the debt ceiling? house republicans and nearly every senate republican, 43 of them, say they won't vote to raise the debt ceiling without significant spending cuts. and democrats, of course, don't accept that premise. rep. jeffries: well, president biden, house and senate democrats continue to make clear that there's only one reasonable, acceptable, responsible path forward, which is to make sure that we avoid a dangerous default on our debt in a manner consistent with what has been done under democratic presidents and republican presidents for decades. it's unfortunate that many of the extreme maga republicans in the capitol have chosen to put the country in a hostage taking situation and essentially say to us that either we must accept the default on america act with exeme cuts to medicaid that would impact disabled children and seniors, extreme cuts to health care, extreme cuts to law enforcement, extreme

jeffries is -- an untested water there. the person who did know how to count votes was nancy pelosi, she was almost always right so you are rolling the dice putting this on the floor if you don't really know where the votes could be. but you generally don't go to the floor unless you are confident the bill would pass. if we get tomorrow night, 7:30, 8:00 or later and they pull the bill off the floor or go into what we call recess subject to the call of the chair, you will know they are having trouble getting the votes or trying to count the votes. >> john: we saw what happened to john boehner when he didn't have the republican votes to pass things and resigned as speaker, and one of your colleagues brought up the motion to vacate the chair that mccarthy agreed to taking back to the one vote threshold in order to become speaker. does that get play in this at all, or is that just people asking the questions? >> it's interesting that scott perry, the chair of the freedom caucus, he said at a press conference earlier today he s

and i'm proud to be joined by my colleague in the house and fellow brooklynite, hakeem jeffries. look, there was bad news and good news from today's meeting. the bad news, we explicitly asked speaker mccarthy would he take default off the table. he refused. president biden said he would, leader jeffries said he would, of course i said i would, but he wouldn't take it off the table and instead of him giving us a plan to remove default, he gave us a plan to take default hostage. and that is a shame because that makes things more complicated. the bottom line is very simple, there are large differences between the parties. if you look at what president biden had proposed and you look at what speaker mccarthy has proposed, they're very, very different. we can try to come together on those in a budget and appropriations process. but to use the rift of default with all the dangers that has to the american people as a hostage and say it's my way or no way, or mostly my way or no way, is dangerous. so we again repeat our plea to speaker mccarthy, take default off the table and let's resum

jeffries is unlikely to get 218 sig does for that. not any house republicans will sign on. they passed a bill of their own to raise the debt limit and cut spending. there are not 50 democratic votes to pass a clean debt bill. it's way for jeffries to give cover to house democrats saying they are trying to get something done. neil: jackie, great reporting as always. i want to know to kevin mccarthy he is speaking speaking with oty gop players. he is optimistic that a deal -- >> i was worried could we get enough signatures. he called me back in hour, i got more than enough, i got people that didn't sign it, but will vote that way, because they listened to the american public. i can't tell you enough how thankful i am of you being so responsible with the idea. am i optimistic? i'm optimistic for america because the people standing behind me. i'm optimistic of our ability to work together. do we have obstacles? yes. we have a big obstacle in the white house but we're going to change the course of history because we'll stand for the american public. let me introduce the senator,

interview this morning with two out of the four, speaker mccarthy and house minority leader hakeem jeffries. >>> plus, elon musk speaking to cnbc we'll show you his comments on tesla, twitter, ai, and presidential politics. it's may 17th, 2023. 30 days in may when's june 1st? it's like 14 days. we've got two weeks to do this "squawk box" begins right now. ♪ >>> good morning welcome to "squawk box" here on cnbc we're live from the nasdaq market site in times square. i'm becky quick along with joe kernen and andrew ross sorkin. if you take a look at what's happening, u.s. equity futures are up across the board. dow futures up by about 116 points s&p and nasdaq up as well. these are the asian markets, but if you were looking at the treasury yields, you would see right now after the talks yesterday about the potential progress being made on the debt ceiling, you're going to see the 10-year at just above 3.51%. >>> meantime we have a huge lineup today, and i mean huge. we've had some good shows recently, but this is up there. >> i agree. >>> 7:30, martha stewart is going to join us on set to tal

hakeem jeffries says he can get the democrats in line. we'll see. you guarantee that this vote will happen and will succeed on first try? >> i believe it will. i'll tell you why. we had our plan, which we passed, as you noted on april 26th, with the full support of the american people to stop the avalanche of spending and each component we had of limiting the rate of growth, limiting the amount of spending -- >> that's past tense. i don't want to talk about past tense we're talking about the deal that's brokered. i want to talk about whether you can deliver that on wednesday. this wednesday is when the speaker says the vote will happen on this tentative agreement. >> okay. well my point is, that it's not past tense. each of the components we had in the bill on the 26th is reflected in this negotiated deal in principle that the speaker achieved with president biden. and that's why i believe that we'll have those votes on wednesday because we limit the rate of growth, we cut spending, we claw back unneeded spending and recessions. we stop unnecessary

. >> is jeffries speaking for the party?'s the leader of the democratic caucus. >> there's a bit of a divide between the rhetoric that he's using and the rhetoric out of the white house. >> multiple things can happen at the same time. clearly leader jeffries is a partner in this, has been a partner as well as leader schumer. that will continue. >> karine jean-pierre rejected the idea that a discharge petition that jeffries is pushing signals that house democrats dealt the president's ability to lead the country to a solution here and denying it's an end run around the president's negotiation. kevin mccarthy acknowledged that neither side will get all that they want. it's bipartisan. he said the house has done their job to pass a bill and the ball is in the the white house's court to move it if we get so close to the deadline that it's too scary, neil. >> neil: you know, scary it was. it wasn't a precipitous sell offer on wall street today. the dow down about 231 points. the first time that i can remember in this saga that it

visit ncicap.org.] >> i am proudy colleague in the house, hakeem jeffries. there was bad news and good news from today's meeting. the bad news, we explicitly asked speaker mccarthy would he take default off the table. he refused. president biden said he would, leader jeffries said he would, i said i would, but he would not take it off the table. instead of him giving us a plan, to remove default, he gave us a plan to take the world hostage. that is a shame. that makes things more complicated. the bottom line is a simple, there are large differences between the parties, if you look at what president biden had proposed and what speaker mccarthy has proposed, they are different. we can try to come together on those. in a budget and appropriations process. to use the risk of default, with all the dangers that has for the american people, as a hostage. and say it is my way or no way, or mostly my way. it is dangerous. we repeat our plea to speaker mccarthy, take default off the table and let's resume negotiations in the budget process, in the appropriations proce

jeffries: it was a positive meeting. i thank the president for once again convening us. it was an open and honest, but a very cordial do discussion. we all agree that the only path forward is to reach a bipartisan agreement anchored in common ground. we all agree that default is not an acceptable option and must be avoided. and we all agreed that over the next few week we was to proceed with the fierce urgency of now in order to make sure we can reach that bipartisan commonsense, common ground agreement so we can protect the health and safety and economic well being of the american people. [inaudible] senator schumer: we're not going to get into negotiations out here. we have to come to common ground. that's the only way this has gotten done. it's never gotten done with one party say, we have to do it my way. reporter: how will you find common ground? senator schumer: you'll know it when you see it. what that means is we will not sacrifice our values, they probably won't sacrifice their value, but we have to come together on something that can avoid default. default is a

well, as i said, hakeem jeffries is our first guest tonight. and our first guest tonight was in the room yesterday in washington, nothing matters more than who was in the room. and yesterday, the democratic leader of the house of representatives, hakeem jeffries, was in the room with three other congressional leaders and the president of the united states in their first bipartisan discussion of the debt ceiling. while donald trump was president, democrats never threatened to block an increase in the debt ceiling. but that is exactly what house republicans and senate republicans are now threatening to do, and donald trump is urging them to do. tonight, donald trump, who increased the debt more than any president in history before him, and signed three easily passed increases in the debt ceiling, sheared on house republicans and urged them to force for the first time in history, a default on the debt of the united states of america. so, the day after donald trump became the first former president of the united states to be hit with a 5 million -d

what does it mean for jeffries? look, biden needs a deal as well.ry, but also politically doesn't help anybody if we see a collapse. ultimately, whatever deal is struck, joe biden is going to say the jeffries and the democratic caucus, hey, i need some of you to lend votes to republicans because they are not going to keep all of them. but that will be democrats acting in good faith. alicia, it puts kevin mccarthy in an awful bind. he's got five votes hanging on to the speakership. if he abandons five or ten hard-line republicans to compromise with democrats, that is a death nail in republican politics. >> molly, the one thing concession here that it seems that the biden administration has been able to get, and i think it's pretty substantial, is that this deal would raise the debt ceiling for two years. so the three of us will not be sitting here again talking about this ideally in a year's time. more importantly, you don't have the markets watching to see if congress is going to get its act together. you won't have people wondering if they're going

hakeem jeffries, leader jeffries, he was in the meeting today in the oval office. the possibility of moving, beginning to try to move the discharge position, begins tomorrow according to the parliamentary rules. has there been a decision by leader jeffries, and you, and others about how to proceed on discharge petitions? >> thank you very much for having me, lawrence. i don't think so. we had dinner in the meeting with leader jeffries last night. he is very much in touch with our caucus. a few minutes ago, we interacted with them, and their discussion on how best to go forward. he will make that decision, he will be relying upon the team, like this operation to make sure that we got to 213 democrats. and then we are hopeful, picking up five republicans to come along. i don't know if we've made a final decision on, but i hope that he will let us know tomorrow, and we can start the process in a case it's something that's needed. i'm sure, like everyone else, that he would like to see us do this. usually what we call regular order and not go to the discharge petition.

jeffries: it was a positive meeting. i thank the president for once again convening us. it was an open and honest, but a cordial discussion. we all agree that the only path forward is to reach a bipartisan agreement anchored in common ground. we all agree that default is not an acceptable option and must be avoided. and we all agreed that over the next few weeks we was to proceed with the fierce urgency of now in order to make sure we can reach that bipartisan commonsense, common ground agreement so we can protect the health and safety and economic well being of the american people. [inaudible] senator schumer: we're not going to get into negotiations out here. we have to come to common ground. that's the only way this has gotten done. it's never gotten done with one party say, we have to do it my way. you have to get both parties in both houses together. reporter: how will you find common ground? senator schumer: you'll know it when you see it. what that means is we will not sacrifice our values, they probably won't sacrifice their value, but we have to come together on

the 150 votes that hakeem jeffries expects republicans to deliver? >> yeah, you could compare it to a presidential election where both parties are vying for those middle of the ground independent voters. that's what is happening here. you're looking to the middle of the ground folks, democrats and republicans that see this and look at this and think this is the best that we can do. you have a majority, republican majority in the house, but a democrat majority in the senate and the white house they're saying this is as good as it gets. >> neil: great job as always, aishah. want to go to scott perry. he's among those republicans that you heard aishah referring to that are no fans of this particular deal. won't vote for it. he's kind enough to join us now. good to have you back, chairman. you intimated as much saturday when i had the pleasure speaking with you. you weren't keen on what you saw being constructed. a lot of your colleagues agree. we have a couple of dozen likely no votes. do you expect that to change? >> actually i think the no votes will

they are more than happy to have jeffries. >> mccarthy needed this. we all agree.his is the entire congress. this is the biggest moment of this congress. and he needed this. after january, the white house or hers own public standing was the 15 votes, he bary got there. the conservatives dragged him over the coals. they did not think he would pass the debt limit bill and he did. and they were smart about this. biden, he's old school but the media today is 24/7, social media. mccarthy and those guys were smart in the house in public and leadership, they were smart and by wednesday and thursday, you saw the democratic leadership, they were upset. hakeem jeffries and katherine clark, they went out to the steps and railed on mccarthy for half an hour. we were told the white house did not want them to do that. >> there was a risk to what the white house is doing. the entire narrative has been shaped by republicans, specifically garrett graves, patrick -- and kevin mccarthy. >> the whole argument is on republican turf. the democrats have not come into the negotiation aski

i think both hakeem jeffries and the white house should be careful there thinking that all of a suddenhe american people, if they do -- if there is a default, are going to blame republicans and say, well, president biden tried to get that. he is still the president and most of the blame is always going to lay at his feet. i think there's a lot of frustration in the white house right now with mccarthy because of the fact he is kind of negotiating, the most extreme folks in his party are happy when they're unlikely to vote for a bipartisan deal like this anyway. so white house aides have told us that they're already thinking about having to deliver maybe even 100 democratic house vote so that they can get this across the finish line when ever that ends up happening. so as people still feel like it's going to happen, but i think that's because it's never happened before that we have defaulted. it's still very possible. there's a lot of posturing as it always is. we talked to folks who went through this in 2011, they say they're even more scared because this is a republican party that seem

house minority leader hakeem jeffries just spoke, the top democrat in the house, and this is what heaid. >> it is clear to me that president biden is continuing to hold the line as it relates to the types of devastating cuts that republicans are trying to jam down the throats of the american people. including making sure that he stands up for our veterans. it is unacceptable that on one hand you have republicans pretending as if they would never cut anything that adversity impact the health, safety or well-being of military familie families, but doing the exact opposite. >> all right. cnn's manu raja back from capitol hill, and you are adding to the voice of those adding in, but the house conservatives, are they pouring cold water on all of this? >> yes, concerns on both sides of the isaisle, and the democra are going to have to have votes on both sides because of concerns among conservatives particularly on the far right. i talked to a number of them to morning about the direction of the talks. they are concerned saying that they believe that this is watering down republican bill th

jeffries: mr. speaker, mr. speaker. as i've indicated on this floor, house democrats will continue to put people over politics and push back against the extremism on the other side of the aisle. and i'm thankful for the leadership of president joe biden. in avoiding a catastrophic default. i'm thankful for the leadership of president joe biden in finding our way to an agreement that will avoid a hostage-taking situation for the balance of the 118th congress. and i'm thankful for the leadership of president joe biden and house democrats who protected social security, protected medicare, protected medicaid, protected veterans' benefits, protected education, protected public safety and protected the american people from the draconian 22% across-the-board cuts that house republicans were trying to visit on everyday americans. and as a result of that effort, that leadership of president joe biden, we're going to be able to get through this hostage-taking situation and ensure that we can continue to build an economy that work

democrats are talking led by congressman hakeem jeffries. >> the maga republicans were determined to take the country down one of either two directions, door number one, they want a dramatic draconian devastating cut that would have adversely impacted the health, safety, or the economic well-being of the american people. and they were going to use a hostage-taking situation to force those extreme right-wing cuts down the throats of the american people. door number two, if they are unable to get the draconian, dramatic, devastating cuts consistent with what was in their extreme default on america act that they passed on the house floor, with the deciding vote being a serial fraudster, george santos on april 26th. if they were unable to get the default on america walk they were willing to walk america through door number two. that was a devastating, dangerous default. crash the economy, trigger a job-killing recession, because as many of them indicated, including the chair of the republican national committee, that they believe that a default and a crashing of the economy would benefit

it's been a week since the last time what we call the big four, schumer, mcconnell, mccarthy, and jeffries will be meeting at the white house with resident joe biden to talk and try to get on the same page about the debt limit and spending cuts. democrats of course maintain that they would like those discussions to be separate. republicans maintain they need to be tied together. completely tied together. they will not be held to vote for anything that divorces them. not much has moved since their meeting last week. there was a signal on friday where they canceled another potential meeting because of staff level talks that seemed to -- i don't know if progress is the right word but they were at least continuing so they wanted to give those folks more time to hash things out. this is a reconvening after a whole week of staff level talks between the principles and sitting down at the white house in more symbolic than, you know, a flip phone call. host: the thing that has moved as the ticking clock i'm getting closer to the so-called x date when we might the debt ceiling. an update from the tr

hakeem jeffries's leader for the democrats. i respect him greatly. we meet almost every week we are in session i try to get with him. i call him over out sometimes. we are not going to agree. i think it's a shy think is responsible that we talk. we've got to have that communication. i like the relationship that we have. he can tell me things that are wrong and we can find a way to move forward. if you believe the debt ceiling is as important as i think it is, why would you go silent for 97 days? why would you tell me one thing that we are going to meet and then not? >> do you think he would disrespect you? >> i'm asking you because you were at the meeting. >> your angry. >> i'm not angry. i just think as an american, wouldn't you think that would be wrong? or do you think you shouldn't have met with me for 97 days. >> i'm just asking you. >> i know so i'm asking you back. you wrote about this so you must have an opinion. you studied politics for a long time. you could probably teach a course. i'm sure. regardless of whose speaker and whose president

speaker: i talked to hakeem jeffries on a number of bases. members should be able to read the bill beforehand to look at it. negotiating, communicating with the president, the president signs off too, i expect his party will be supportive as well. yes sir. reporter: [indiscernible] mr. speaker: we raised the debt ceiling. we negotiated in good faith with the president. i remember many times i was in that position as well. we had president trump negotiating with speaker pelosi. we supported the president in that path. look. everything in this country is not just a republican and democrat idea. there are ideas for america. i firmly believe there are democrats out there that want projects built. i may want a pipeline or road built. they may want a renewable energy project. that is a project. they are both being stopped because of what nipa studies are doing. this helps everybody. it helps the country. the idea we make this process work again is hopeful to the nation. that is a republican, and democrat. doesn't mean you get to determine the outco

that's a question jeffries is going to have to face.fries does not know how many democrats will vote for it. he says one of the big question he has is how many republicans will vote for it, and if they need to figure out a way if there are a lot of republicans defecting, are there enough democrats to vote for it to offset those republican losses? we are told in an effort to sell they're expected to begin tomorrow. this is according to our colleague who was hearing about a briefing that will occur at the white house tomorrow evening with members of the democratic caucus and white house official. we'll see if the president attends that as well, but at least trying to get more details about this deal. but this is all part of the white house effort to try to corral democrats, prevent them from revolting, get enough of them behind this deal, this very, very hard-fought agreement that a lot of democrats will not be happy about because of the number of concessions the white house had to make after promising for months they wouldn't make any co

passable leader jeffries, hakeem jeffries be able to deliver enough votes to get it over the finish line? >> absolutely, hakeem jeffries is doing a remarkable job as leader of our party. he has brought our various factions together. he is holding it together. he is providing literature, that's all it takes. when both sides can see the at the top, they respond favorably he is getting a lot of he is exerting leadership that can make us proud. >> earlier in the week, there was disquiet about how the white house was losing the white house battle to speaker mccarthy. at the end of the week, we were wonder what happened in the interim. we were wondering about the you're talking about leader jeffries. >> and president biden. we spend a lot of time talking about this issue, and jeffrey spoke with him before -- some of the spoke with our people yesterday. they've done great work, keeping the party together. they will be rewarded handsomely when it comes time to vote. >> you talk to the presidents, what else did he have to say? how confident is he'll that the deal is -- the president said to me th

jeffries is pretty encouraged about what it is seeing on the execution front of the company.hares are up about 4%. anheuser-busch under pressure. new data suggesting that there is notable softness in bud light sales, as a company continues to figure out its marketing plans going forward. >> all right. interesting move there in ab shares. even as president but and speaker mccarthy actively lobby for votes on the deal, many believe the worst of this process is behind this. >> everything i'm seeing come out of this negotiation gives me a source of optimism and thankfulness that we are going to get past this. >> i think the clown show is over. i think there's a 100% chance this passes next week and we are done with this for the time being. >> this deal is pretty good. it's not great. it's not perfect. but no deal ever is. i'm very satisfied with it. >> i think global financial markets and economic watchers more broadly will be breathing a big sigh of relief. >> we have seen some of that relief playing out in different parts of the market. katie greifeld joins us now for today's s

one thing hakeem jeffries told me there is nothing in the bill for them.ot one thing in the bill for democrats. >> i have no idea what he is talking about. i have not been able to review the actual legislative text. >> there have been some rumblings that president biden would be addressing the nation after he spoke with house speaker mccarthy. that has not happened yet. we have not seen the text of the agreement. i do see the marine sergeant still posted in front of the west wing which means a president is in the oval office and we are told he is speaking with leaders right now. jon: you would like to be in the air on those conversations. thank you. >> indeed. >> not everyone is on board with this deal in washington as you just heard. south carolina republished congressman says this deal is insanity. a $4 trillion debt ceiling increase with no cuts is not what we agreed to. not to vote to bankrupt our country. the american people deserve better. he joins us now. having that phone call last night with members of your caucus. did he do a good job of trying t

we can get together yesterday withfr aforementioned leader hakeem jeffries and thought about not only the need to protect social security but to expand its benefits and expand the service of the social security administration. social security is the most efficient and effective plan in government. it is also the number one anti-poverty program for the elderly and the number one anti-poverty program that i come from an insurance area social security is able to administer the program with what is called and 99% loss ratio at what does that? what that means is they are able to administer social security with less than 1% of the budget. there's no other governmental agency that does that, and it's because they get the money out. they need more support and more help, not less. because they are the number one insurance program in the nation that provides relief toes people like yourself. >> host: let's go to kansas city, missouri, now. paul is on the republican line. what is your question or commen comment? >> caller: thank you forvi your service. corporate tax can we get corporate tax rece

house, president biden met with top congressional leaders, house speaker kevin mccarthy, hakeem jeffries, senate majority leader chuck schumer and senate minority leader mitch mcconnell, to discuss the approaching deadline to raise the debt them. following the meeting, they spoke to reporters about their differences on the issue. president biden made remarks and took questions, saying that defaulting is not an option. >> i got you. >> the bottom line is very simple. there are large differences between the parties, you can look at what president biden had proposed and you look at what he could mccarthy has proposed, they are very very different. we can try to come together on those. in a budget and appropriations process. but to use the risk of default with all of the dangers that has for the american people as a hostage and say that it is my way or the no way, -- the highway, or mostly my way out or no way out is dangerous. we again pleaded with speaker mccarthy, resume negotiations in the budget process and the appropriations process, where we have lived it -- legitimate differences. th

jeffries: the agreement that was reached in principle by president biden does several important thingsition to avoiding a devastating default that would hurt everyday americans, it protects social security, protects medicare. it protects medicaid. john: parts of the deal is sure to displease the most conservative house republicans and the most liberal house democrats, and that could complicate passage. let's dig into this with congressional correspondent lisa desjardin and npr senior political editor domenico montanaro. so lisa, crisis averted. we can all go home. lisa: nothing has been that easy for years, and especially not with congress. it is actually going to be a dramatic couple of days here, figuring out especially if the votes are there for this to pass in the house. it's exactly what you just mentioned. not clear that enough house conservatives will back this to combine with enough democrats. let's talk about the conservatives a glaring siren first. went out on twitter this morning from a couple of conservatives, one of them especially, chip roy. i want to show you something t

hakeem jeffries is the leader of the democrats. i respect him greatly. we meet almost every week that we are in session i try to get together with him. i call him when we are out sometimes. we are not going to agree, but i think it's responsible that we talk with each other. we have to have that communication. i like the relationship that we have. he can tell me where things are wrong, we talk about ways we can move forward. if you truly believe the debt ceiling is as important as i think it is, why would you go silent for 97 days? why would you tell me one thing that we are going to meet and then not? you got a haircut, looks good. [indiscernible] you have to ask him that question. do you think he does? reporter: i don't know. speaker mccarthy: do you think? you asked the question. that would have never come to my mind. you must think that. reporter: based off what you just said you're angry -- speaker mccarthy: i'm not angry. wouldn't you think that would be wrong or should he have met with me? i'm asking you back. i know you wrote about this. so you m