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president biden's focus today on the fight to raise the debt limit and the dress of consequences that could be in store for the country have no actions taken. >> not a single solitary -- has -- this data is not that i accumulated. but that is not that occurred of the last several years. it is 200 years of debt. 200 years. the idea that we wouldn't pay our debt is bizarre. it's estimated that we didn't pay the debt, we lose 750,000 jobs, we have a recession, would be a disaster. the idea is for the first time saying, unless you can approve this ridiculous budget -- what the republican...

Which could increase to millions the longer it goes on. joining me now is nbc's correspondent, and correspondent -- mike, tell us about the white house is warns of what would happen if the debt limit is race in u.s. defaults. >> lindsey, to put those mornings into perspective, thank, yesterday, about what that jobs number was. 250,000 jobs added in this country, according to the labor department in the past month. while, even of these parties are managed to resolve the debt limits crisis, even on the eve of the deadline, june 1st, there is a warning from the council of economic advisers that t...

And i think that's what we are going to see. >> yeah. i mean, as you said, he's pointed out that he -- he won't sign this bill, if -- if -- unless it's accompanied by this larger package, that you just talked about. how do you think that'll impact the chances of the bipartisan bill passing? i mean, will it convince enough progressives to vote yes? oh and on the flip side, might it erode republican support? >> i think, at the end of the day, my guess is that both bill bills will pass. and i just want people to know because i think there is a lot of alienation, disenchantment on the part of amer...

Better than predicted. the house and senate are working hard in the end result will be not only important but special prayer the timeline of that compromise bill, here's house majority leader kevin mccarthy with maria bartiromo. >> they have two different bill bills. structurally they are similar. they will work out the differences. hopefully they will get that done this week and we come back next week and build on it. >> the president began his for the weekend in pensacola, holding an enthusiastic make america great again rally where he urged alabama voters to elect roy moore over jones in th...

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