PLEDGE NOW
Debt Limit, Continuing Resolutions And DC Dealmaking

The push for a deal on debt, debt-ceiling, default, shutdown. We’ll parse the state of play with top reporters.

From left, Sen. Dick Durbin, D-Ill., Sen. Charles Schumer, D-N.Y., President Barack Obama, Senate Majority Leader Harry Reid of Nev., Sen. Patty Murray, D-Wash., look to photographers as they meet in the Oval Office of the White House, Saturday, Oct. 12, 2013, in Washington. (AP)

From left, Sen. Dick Durbin, D-Ill., Sen. Charles Schumer, D-N.Y., President Barack Obama, Senate Majority Leader Harry Reid of Nev., Sen. Patty Murray, D-Wash., look to photographers as they meet in the Oval Office of the White House, Saturday, Oct. 12, 2013, in Washington. (AP)

In three days, the U.S. government will not have enough money to pay its bills.   First time in the nation’s history.  Democrats and Republicans are talking.  Both sides say they are trying. Really, really trying.  But so far, no deal.  Patience is waning. The American people are fed up.  A new poll shows 60 percent want to fire all the politicians. Time to clear the decks. The world’s watching, too.  The International Monetary Fund’s Christine Lagarde warns American lawmakers they risk tipping the world into global recession. Up next On Point:  the clock ticks toward default.

– Jane Clayson

Guests

Charles Babington, Covers Politics and Congress for the Associated Press. (@CBabington)

Susan Davis, Congressional Correspondent for USA Today. (@DaviSusan)

Michael Hirsh, Chief Correspondent for National Journal. (@MichaelPHirsh)

From The Reading List

USA Today: Senate takes control of budget, shutdown talks — “Senate Democratic leaders met Saturday afternoon at the White House with President Obama to plot strategy going forward. After the 75-minute meeting, neither the president nor the senators had any comment. The momentum shifted to the Senate as it became increasingly clear that House Speaker John Boehner, R-Ohio, was unable to strike a deal with Obama on his own. Following a closed-door House GOP meeting Saturday morning, lawmakers acknowledged a diminished role to resolve the impasse.”

AP: Reid: Soft-spoken, combative Obama partner vs. GOP — “Harry Reid, the soft-spoken but pugilistic Senate majority leader, didn’t wait for White House officials to declare their view of high-stakes talks over the government shutdown and debt. Standing just outside the West Wing, the 73-year-old Nevadan gave reporters his assessment of a key House Republican offer last week: ‘Not going to happen.’ That blunt defiance caught administration officials off guard and contrasted with their vague statements later about the GOP’s bid to extend the nation’s borrowing powers for six weeks without fully reopening the government.”

National Journal: Who, Exactly, Just Blinked in the Debt-Ceiling Showdown? — “If you’re wondering who just blinked first in the tense back-and-forth between Democrats and Republicans over the government shutdown and debt-ceiling deadline, the answer is: It’s a photo finish. In fact, both Speaker John Boehner and President Obama are blinking—that is, giving up ground—at nearly the same time. Picking up on hints from Treasury Secretary Jack Lew on Wednesday that the president was open to a short-term debt-ceiling increase, Boehner and the House Republican leadership obliged him. On Thursday morning, they came out of a meeting to announce they’d support “clean” legislation of the sort Obama wanted to raise the debt limit—but only for the next six weeks. Then, during that period, Boehner and his team said, the president needs to sit down and talk about concrete spending cuts and other issues.”

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
May 29, 2015
Residents are evacuated by members of the Houston Fire Department from floodwaters surrounding their homes in Houston, Tuesday, May 26, 2015. Heavy rain overnight caused flooding and closure of sections of highways in the Houston area. (AP)

Texas floods. Soccer scandal. Nebraska outlaws the death penalty. Identity theft at the IRS. Our weekly news roundtable goes behind the headlines.

May 29, 2015
In this March 24, 2002 file photo, John Nash, left, and his wife Alicia, arrive at the 74th annual Academy Awards, in Los Angeles. Nash, the Nobel Prize-winning mathematician whose struggle with schizophrenia was chronicled in the 2001 movie "A Beautiful Mind,” died in a car crash along with his wife in New Jersey on Saturday, May 23, 2015, police said. (AP)

Remembering a beautiful mind: Nobel –prize winning game theorist John Nash . We’ll look at his game theory. His schizophrenia. His genius.

RECENT
SHOWS
May 28, 2015
Ousted Egyptian President Mohammed Morsi raises his hands as he sits behind glass in a courtroom, in a converted lecture hall in the national police academy in an eastern Cairo suburb, Egypt, Saturday, May 16, 2015. (AP)

Sentenced to death in Egypt for espionage, respected academic Emad Shahin joins us with a big take on Egypt, ISIS and America’s response.

 
May 28, 2015
Protesters congregate in front of city hall Tuesday, May 26, 2015, in Cleveland. Members of about 40 churches are protesting the acquittal of a white patrolman charged in the deaths of two unarmed black motorists with a march through downtown Cleveland. (AP)

The new Cleveland standard of American policing. Will it stop abuse? Will it get the job done?

On Point Blog
On Point Blog
A Former Bike Gang Member Explains "The Life"
Tuesday, May 19, 2015

Larry called in from Lawrenceburg, KY and told us he was once a member of the Pagan’s Motorcycle Club, a mid-Atlantic biker gang. He didn’t sugar coat the facts as he explained the draw of the brotherhood and what makes the outlaw motorcycle corner the underworld go round.

More »
1 Comment
 
Our Week In The Web: May 15, 2015
Friday, May 15, 2015

We cancel a few hours and suddenly all of you get convinced of a global radio conspiracy! Plus, dragon zoos.

More »
1 Comment
 
Caller: ‘It Doesn’t Always Turn Out Okay’
Wednesday, May 13, 2015

One caller shares her own story of an extremely premature birth. Her daughter, born at 22 1/2 weeks in 2012, was taken off life support after seven days.

More »
Comment