KJP said Productive but Blasting Republicans in the Same Breath, Careful Talking Stock Market


Q: you just said productive but blast Republicans on the screen
On 5/24/2023, a reporter asked asked White House Press Secretary Karine Jean-Pierre, “Karine, you just said repeatedly that you thought that talks had been productive. But you also opened the briefing by putting some House Republicans on blast that you put up on the screen. So how have talks have been productive?

KJP: So, look, we just laid out — I just laid out the facts. That’s all. I have actually — what I did was lay out the facts that I’ve been talking about and — and highlighting for the past several months ..

Reporter: But what is the progress — the specific progress that’s been made?

KJP: I’m not going to get into specifics about what’s being discussed in these negotiations …

Reporter: And then lastly, on that point: June 1st, just around the corner. Does the White House believe that it will have the money to keep paying the United States’ bills beyond June 1st? Would it be a day, two days? How long?

KJP: So, look, any — any specifics on the X-date and what that’s going to look post-X-date, that’s something that the Treasury Department is going to answer

Karine Jean-Pierre Says She’s “Gotta Be Very Careful” About Talking Stock Market During Briefing
Reporter: Can I also ask you about the — I mean, essentially, the lack of a significant market reaction to these talks? There are analysts out there who — who feel that a market reaction could actually serve as kind of a forcing mechanism to move the sides closer together. Have — my — my questions is: Has the lack of a market activity maybe hurt your efforts, maybe hurt the White House’s bargaining position, negotiating position?

KJP: So, I’ll say this — I got to be very careful as we’re talking about the markets here. I’m not going to speak about the markets reacting or moving. That is not something I’m going to do from here. What I know and what we believe is that the American people — they understand what’s going on …

Reporter: But isn’t the lack of a reaction representative that — that Americans aren’t as concerned as — to the things —

KJP: I’m not going to speak —
Reporter: — that you’re laying out?
KJP: I — I —
Reporter: And should that — does that hurt you?

KJP: I — I appreciate the question. I’m just not going to speak to the market. That is not something I’m going to do from here, from this podium … the President has been very, very clear on this. He has held the line on this for a couple of months, which is: Congress needs to act. We need — they need to deal with the debt limit

Q: will Biden stay in D.C. or vacation holiday weekend? A: will be wherever he needs to be
Reporter: Will the President commit to staying in D.C. until they reach an agreement or will he travel over the holiday weekend?

KJP: So, look, the President will be — will be — will be wherever he needs to be … And he is President wherever he needs to be, and that’s what you’re going to see from this President.

Q: President & the Speaker when engage one on one again? A: when the time is right
Reporter: When is the last time that — has the President and the Speaker spoken since Monday? And, if not, when are they expected to maybe speak and engage one on one again?

KJP: So, I don’t have any conversation to preview at this time. Look, the President and the Speaker will speak when — when the time is right, when the time is necessary …

Reporter: What is that timeline? I mean, is there, sort of, a specific sort of narrowing —
KJP: There’s no —
Reporter: — that has to happen before the two —

KJP: There’s — there’s no timeline to throw at you or to lay out to you. I’m just saying that the — it’s been productive. They’re here, meeting right now.

Q: debt ceiling Q: Shocking. our country has never defaulted, it never will, this will never happen
Reporter: Karine, on the debt ceiling. Is there a —
KJP: Shocking.
Reporter: — drop-dead — I mean, big surprise, right? (Laughter.) Is there — is there a drop-dead date where, you know, after which it becomes impossible to enact the — that legsi- — legislation that’s necessary? You know, so do you have to have a deal tonight, tomorrow — tomorrow? You know, is Friday enough time to get to that potential X-date?

KJP: No, I — look, I — I get this — I get the question. Look, our country has never defaulted on its debt. And it will — it will — it will never — it never will. And that’s kind of our focus, right? We’ve never done this, and we will never do — this will never happen, right? That’s the way we see this. And, you know, that’s going to be our focus. That’s the answer that I have for you on that piece.

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KJP said Productive but Blasting Republicans in the Same Breath, Careful Talking Stock Market

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