Yellen Extends the X-Date to June 5

The transcript discusses the ongoing negotiations around the debt ceiling, highlighting the challenges faced by Congress in meeting deadlines. It explores the political dynamics between progressives, conservatives, and the Freedom Caucus, and the potential impact of Trump's influence. The discussion also covers the need for compromise in a divided government and the political risks involved in announcing a deal.

What challenges does Speaker McCarthy face in balancing the demands of the Freedom Caucus and other members?

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How does former President Trump's influence complicate the current negotiations?

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What are the possible outcomes of the negotiations as discussed in the text?

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