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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 13:31:00

under his belt, we sat for a wide ranging discussion to tal about presidents because mccarthy plans to devastate hi city, his big plans to bring jobs to cleveland, and to stem violence, in your two. mayor justin bid, welcome t the sunday show. great to be with you, jonathan speaker mccarthy released his combination debt ceiling budget plan earlier this week, and i m wondering there are so many things that he wants to do, he wants to crawl back covid relief funding cancel out th president s student loan relie program. takes a hatchet to all sorts o green credits and things tha the president had proposed do you know how much the speakers plan will impac cleveland, yet speaker mccarthy s budget would have a devastating impac on cleveland and the entir state of ohio we have president in president biden that has created the largest federal investment ever to address the green economy to create good green jobs in ou

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