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earlier today, president biden told reporters, he is confident a deal will reach his desk. and no more sticking points to iron out. msnbc news has also learned part of the deals -- raising the debt limit for two years, avoiding another debt showdown before the 2024 election. the deal also clause back some unspent pandemic funding, well talk about what that means. and shaves off some irs funding. it also expands work requirements for certain adults on food stamps. speaker mccarthy also ...

But still get from democrats. i think that theres more than enough democratic votes -- who do not want to see a default to compensate for losing the house freedom caucus in the final bill passage. the question is, what does that look like? how many moderates do potentially lose? because they think that the deal could be better. how many progressives do you lose. i think there will be a majority, it will be messy. because this bill, bipartisan in the sense that, both members of both parties are g...

Needs to have been dealt with slow, methodical process that makes its way to the courts. thats why, but i actually think the presidents talking about doing over the next four year or two, on that path, seems pretty reasonable to me. lets give it a try. but that is a very sharp distinction from the president, if the deal goes awry, over the next couple of days. just saying, im going to rely on the 14th amendment to issue treasury securities right now. ignoring the debt ceiling. and put those secu...

If you want to try and make it look like i made some compromise on the debt ceiling, i didnt. amid a compromise on the budget. >> thats what they wanted, to make a caucus on the budget. thats what youve done. even though youve got as far as they want. >> sure, yeah. well, can you think of an alternative? >> mister president, what do you say to members of your own tall party? who said you made too many concessions of this deal? >> theyll find i didnt. >> mister president, your allies an advertise...

That you want to see, it talk to me also about those areas of concern. if you think, given the timeline that you are now operating on, if there is just practically any time left to address those details and those areas of difference. >> right, i think youre gonna see a lot of folks that were put on recess by the republicans last week, when they canceled session early, all headed back to washington. everyone is going back, ready to get to work, and to dive in. a couple things i think are importan...

Give us the context of the way in which history comes into play. retrospectively, but also looking forward as we think about accountability and making sure this never happens again and why is it just so important. jill wine-banks, as always thank you. throughout the next hour, i will bring you updates as lawmakers begin to weigh in on president bidens first formal on camera remarks since reaching a deal in principle. house speaker kevin mccarthy. whos gonna talk with congressman jasmine -- about...

A little bit more complicated, more like shifting things around lubbock. and less about reducing the number people who are eligible for snap. and then, you know, calling back money that, look, we spent a lot of money. we appropriated a lot of money. around the covid pandemic and the recession that it induced. its fair that we have probably learned that some of the money that weve put out there is no longer needed. >> as you are speaking, forgive, me we just learned that the president is going to...

But dont worry, theyre gonna be freedom caucus members who vote for us. i think it is notable that you have jim jordan coming out and sounding very optimistic about the steal. talk me through the politics, and the machinations were gonna see on the republican side. >> so, the first place tomorrow gonna see a real sticking point, the rules committee. which controls what comes to the floor of the house and when. part of the deal that got speaker mccarthy the gavel, back in january, putting more ar...

They got a two-year deal here that takes us off the table until after the 2024 election, a two-year -- deal, everything reset to 2025. all these targets republicans are talking about, for spending, or nonbinding. that, of course, they protect the presidents inflation reduction act, his student loan provisions, climate change when measures, a lot of demagogic and say, okay, compared to what we thought, a week or two ago, this is not a better deal. >> were gonna help her from some of those democra...

That agreement now goes to the united states house and to the senate. i strongly urge you both, both chambers, to pass that agreement. lets keep moving forward on meeting our obligations and building the strongest economy in history of the world. ill take a few questions. >> president, you said at the beginning the debt ceiling was not negotiable. -- >> not negotiate at ceiling, heres the deal. they passed, they said there they pass the debt ceiling, and they said theyd only do it on condition t...