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political woes. take us inside the thinking of house speaker mccarthy, if you will how they're going to approach this one. it seemed a few days ago he was trying to tamp down the impeachment talk and only a couple days later we heard former president trump pushing to do that again. >> i think this increases the likelihood of an impeachment. i think mccarthy will again say this is distraction. the investigations while hit a fever pitch, john, when congress returns in september. >> all right, well, jake sherman, thank you so very much and ryan riley, thank you as well. we'll be watching your coverage here here on msnbc. still ahead the country's credit rating takes a hit over the debt ceiling debacle that was resolved earlier this year. we'll go live to cnbc for more on the impkt of that downgrade and a look what's driving wall street and more coverage of the
recess but supporters say all options are on the table when congress returns in september. we are back with james freeman, kim - - and bill mcgurn. how seriously should we take this threat to impeach rod rosenstein? >> even though the word this week was impeachment, the word everyone was all that was contempt. mark meadows, the head of the freedom caucus after they filed those articles of impeachment and after paul ryan said he disagreed, he gave a little talk. he said he spent the day with leadership. that his group was backing off impeachment but what everyone decided and rallied around, if they come back after their break in august and the department of justice is still not compliant, they will rally around a contempt resolution against rod rosenstein and the department of justice. which is probably a more accurate description of what's been going on rather than high crimes and misdemeanors. >>paul: contempt is no small thing. congress, if they took it far
recess but supporters say all options are on the table when congress returns in september. we are back with james freeman, kim - - and bill mcgurn. how seriously should we take this threat to impeach rod rosenstein? >> even though the word this week was impeachment, the word everyone was all that was contempt. mark meadows, the head of the freedom caucus after they filed those articles of impeachment and after paul ryan said he disagreed, he gave a little talk. he said he spent the day with leadership. that his group was backing off impeachment but what everyone decided and rallied around, if they come back after their break in august and the department of justice is still not compliant, they will rally around a contempt resolution against rod rosenstein and the department of justice. which is probably a more accurate description of what's been going on rather than high crimes and misdemeanors. >>paul: contempt is no small thing. congress, if they took it far
progress i' p p progros sif programming of siriusxm and the director of american greatness. >> let me start with you and that question that glen raised seems like it's a fiphilosophic one that may come to a head when congress returns in september. you have texas and louisiana that's going to require big federal money and you have the president saying i want tax reform and tax cuts. you have the question of how can you pay for tax cuts especially in light of what's going to be a hefty price tag for the cleanup in texas, does something have to give who are when it comes to republican priorities? >> this is a debate we've had going on on the right for 20 years. this is not new. the problem the president and congress have had is they want their cake and eat it too.
this and hu he's responding on "meet the press" or calling in to joe and mika this morning. you can't get anywhere. we can't break the skin. we cannot break the skin. >> right. it is silly season. it's also august. and when congress returns in september, you know, the legislative schedule is going to be informing the presidential, you know, race as well, asking tough questions. oh, hillary clinton and bernie sapders and all of the gop candidates for president of the united states. >> we should be having a robust debate but we're being caught by the noise. >> i think we can handle three more weeks. >> three more? >> maybe three more. >> all right. donald, mark down on the calendar that amy holmes said three more weeks. >> and that's it. >> former republican speech writer, amy holmes. thank you. developing news overseas, dramatic new video of an attack overnight on the u.s. consulate in istanbul, turkey. all right. so this was all captured on home
Detailed text transcripts for TV channel - MSNBC - 20110818:22:02:00 vimarsana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vimarsana.com Daily Mail and Mail on Sunday newspapers.
lahood and the loss could reach $1.2 billion if the situation isn't resolved before congress returns in september. joining me now is robert reich, former labor secretary in the clinton administration, he's now a professor of public policy at the university of california at berkeley and mark zandi, the chief economist for moodie's analytics, he worked for the mccain campaign and the obama administration. thank you both for joining me tonight. professor reich, i want to go to the question of what have we done to the economy with this legislation? >> well, the good news, obviously, lawrence, is that the economy now doesn't have the sort of dam collies hanging over it, we can pay our debts, we are not defaulting on our national debt, and we won't face an economic calamity. the bad news is the president has essentially tied his hands and the hands of congress with regard to boosting the economy.
lahood and the loss could reach $1.2 billion if the situation isn't resolved before congress returns in september. joining me now is robert reich, former labor secretary in the clinton administration, he's now a professor of public policy at the university of california at berkeley and mark zandi, the chief economist for moody's analytics, he worked for the mccain campaign and the obama administration. thank you both for joining me tonight. professor reich, i want to go to the question of what have we done to the economy with this legislation? >> well, the good news, obviously, lawrence, is that the economy now doesn't have the sort of dam collies hanging over it, we can pay our debts, we are not defaulting on our national debt, and we won't face an economic calamity. the bad news is the president has essentially tied his hands and the hands of congress with
$1.2 billion if the situation isn't resolved before congress returns in september. joining me now is robert reich, former u.s. secretary of labor in the clinton administration, he's now a professor of public policy at the university of california at berkeley and mark zandi, the chief economist for moody's analytics, he worked for the mccain campaign and the obama administration. thank you both for joining me tonight. professor reich, i want to go to the question of what have we done to the economy with this legislation? >> well, the good news, obviously, lawrence, is that the economy now doesn't have the sort of dam collies hanging over it, we can pay our debts, we are not defaulting on our national debt, and we won't face an economic calamity. the bad news is the president has essentially tied his hands and the hands of congress with
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