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Transcripts For MSNBCW Alex 20240706

things of what happen in texas also some of the allegations there, it s going to be interesting in just a few weeks during that trial. indeed. thank you, my friend and thanks to you at home for joining us this evening. for the past several months we have watched the far right wing of the republican party hold the u.s. hostage far right republicans in congress demanded major concessions from the biden house or else it would blow up the pretty fragile u.s. economy, they would tank the stock market and push hundreds of thousands of people onto the unemployment so potential catastrophe of their own making. and now there s a deal on the table to stop that catastrophe from actually coming to pass. over the weekend president biden and house speaker kevin mccarthy hammered out an agreement to raise the debt ceiling and avoid default. and republicans, they got some of what they wanted in this deal. itd claws back unspent covid relief funds. it creates new hurdles for some people

Transcripts for MSNBC Alex Wagner Tonight 20240604 08:10:00

that s the reality of anything a democrat touches. republicans are going to say no. mccarthy is going to lose a lot of votes, but looks like he s on the path to get a majority of his republican conference. i think we can talk about the contours of this deal in a second, but i think it is i would hazard to say that i think we should be careful about saying this is small deal because the catastrophe that was on the horizon, which by the way like june 5th is the deadline, threatening the full faith and credit of the united states, i mean there will be repercussions for the degree to which we edged to the very end of the runway, if you will, right? michelle, i mean there are people overseas and in this country that are not really actually worried about whether america can continue to just be fully functional as a democracy, and that is due in no small part to the gamesmanship that the republican party wanted to play ipcongress. right. i was worried, i was quite

Transcripts for MSNBC Alex Wagner Tonight 20240604 08:48:00

republican numbers are supportive of kevin mccarthy. they do support him, and i do think that will play itself out with a great deal of specificity during this vote tomorrow. you re going to see most republicans vote yes on this piece of legislation. they do understand that a compromise was necessary to prevent the country from defaulting and the fact they even got joe biden to negotiate at all when his original stance was that there was no negotiation related to a debt ceiling indicates that mccarthy did make some in roads in these conversations. so mccarthy is not beloved by any stretch of the imagination, but he does have the support and able to cobble this group together and 20, 25, maybe 30 people complaining about thing said do not indicate the overall sense of his conference in any way, shape, or form. ryan nobles in the center of the action, thanks for the update, ryan. appreciate it. when we come back, we have new reporting about donald

Transcripts for MSNBC Alex Wagner Tonight 20240604 08:03:00

completely. and that s why these members and others will be absolutely opposed to the deal, and we will do everything in our power to stop it. those were members of the house freedom caucus today offering their assessment of thisof deal. conservatives have not been shy. they ve found many ways to emphasize how much they do not approve of this plan. it is ephemeral. it is malodious. shortly after the details of the bill were released congressman dan bishop tweeted the vomit emoji. congressman chip roy called it a turd-sandwich. the criticisms were not subtle. for these conservative members people like scott perry, chip roy, andy biggs, none of them are likely to vote for this thing but apparently a lot of other republicans may not vote for it either. i think that it will pass

Transcripts for MSNBC Alex Wagner Tonight 20240604 08:01:00

things of what happen in texas also some of the allegations there, it s going to be interesting in just a few weeks during that trial. indeed. thank you, my friend and thanks to you at home for joining us this evening. for the past several months we have watched the far right wing of the republican party hold the u.s. hostage far right republicans in congress demanded major concessions from the biden house or else it would blow up the pretty fragile u.s. economy, they would tank the stock market and push hundreds of thousands of people onto the unemployment so potential catastrophe of their own making. and now there s a deal on the table to stop that catastrophe from actually coming to pass. over the weekend president biden and house speaker kevin mccarthy hammered out an agreement to raise the debt ceiling and avoid default. and republicans, they got some of what they wanted in this deal. itd claws back unspent covid

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