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Transcripts For MSNBC The Sunday Show With Jonathan Capehart 20240706

speaker kevin mccarthy has yet to issue a budget for the next fiscal year. but did manage to cobble together one frankenstein monster of a debt ceilin proposal this week mccarthy presented a sweeping 320-page bill tha would pair 4.5 trillion dollar in spending cuts with a 1. trillion-dollar increase in th federal dilemma that would kee the bill collectors at bay until march 24th, just in time for the campaign season to hea up the white house says thi spending cuts wish list tied t the debt ceiling is nonstarter meanwhile, golden sach economists are saying that the united states could crash th limit on borrowing for thing already purchase as early as the first week and june. mccarthy has a more immediat problem. the speaker doesn t have the votes just yet to pass his plan that snot good for a perso who only holds a four seat majority but took 15 ballots t win the gavel. still, he insists that congres won t allow the u.s. t default. sure, jan. joining me now, director shalan

Transcripts for MSNBC The Sunday Show With Jonathan Capehart 20240604 13:33:00

families all across my city. you gave your state of th city address earlier this week and one of the many things you crowed about the first balance budget since 2020. first richly balanced budge in over three years. we closed a 61 million dolla deficit in just one year also, in your state of th city address, you said cleveland is open for business but the city has lost 25% of its jobs and has seen an exodu where 22% of the population ha left the city. what are you doing to brin jobs, and people, back t cleveland. one of the things that we can t forget is that cleveland was the heart of the industria revolution, of the world s first billionaire, john d. rockefeller started right here in cleveland, ohio and, with this president s new industrial policy, we ar seeing that cleveland, and the state of ohio, is ready to build things once again.

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