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Transcripts for MSNBC The Last Word With Lawrence ODonnell 20240604 00:18:00

so-called debt ceiling bill, which was really these draconian cuts to essential public services, which actually itself would have pushed us into a recession. there are republicans who voted against that. the question is whether they have the courage to stand out and to be separated from the most outrageous voices and the speaker and do the right thing for the american people. we are willing to do it. 213 democrats, every single one of us has signed on that discharge position. five republicans. five people. five individuals could end this right now. and then they could go to their appropriations. whether they have the courage to do it, i have my doubts, ali. raising the debt ceiling doesn t mean capitulating to democratic view of what the budget should be. that is still a process that you are on, and your point is correct. they still have a majority on all those committees, so they can still live to fight another

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Transcripts for MSNBC The Last Word With Lawrence ODonnell 20240604 04:17:00

is it more likely than a few republicans might come over and support democrats are getting clean bill passed? emmy remains to be seen. they have it within their power right now. there are several republicans who voted against their so-called debt ceiling bill, which was really these draconian cuts to essential public services, which actually itself would have pushed us into a recession. there are republicans who voted against that. the question is whether they have the courage to stand out and to be separated from the most outrageous voices and the speaker and do the right thing for the american people. we are willing to do it. 213 democrats, every single one of us has signed on that discharge position. five republicans. five people. five individuals could end this right now. and then they could go to their appropriations. whether they have the courage to do it, i have my doubts, ali. raising the debt ceiling doesn t mean capitulating to democratic view of what the budget should be

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Transcripts for MSNBC The Last Word With Lawrence ODonnell 20240604 02:29:00

of those people, the vulnerable in our country, but we cannot touch tax cuts for billionaires, we can t touch military spending, last week on 60 minutes they had a former high-level pentagon officials say that the cost overruns are astounding. he talked about the pentagon paying $10,000 for a 300 dollar oil switch. you mean to tell me that you cannot find one penny of savings in the pentagon budget? that that is somehow sacrosanct, off limits? we cannot go there? but instead we have to look at programs that help poor people? i mean, i think it tells you all you need to know about who is running the house of representatives right now. you have, now, all 213 democrats signatures on the discharge petition that you are now in charge of. the discharge position could be a way for democrats to force a vote on an increase in the debt ceiling, going around the republican roadblock that the speaker represents.

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Transcripts for MSNBC The Last Word With Lawrence ODonnell 20240604 02:26:00

all-important house rules committee. congressman mcgovern, thrilled to have you here especially with this breaking news situation with the debt ceiling. which you have been intimately involved with and the most elaborate parliamentary maneuver called the discharge position, which looks like you are not going to need it depending on how these negotiations are going. what can you tell us, what do you know about the state of the negotiations at this hour? i know about as much as you know right now. and i hope that we can avoid defaulting on our debt, which means that we would not pay our bills, which would be ruinous for our economy. but, i m interested to see the details. you know, what is the price that we are expected to pay to get this deal. and, as i ve been saying for a while now, what concerns me is that the republicans, their priorities are not my prayers, their values are not my values. they want to fight savings by

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Transcripts for MSNBC The Last Word With Lawrence ODonnell 20240604 05:25:00

additional funding for the irs. that could be cut by ten billion dollars in the concessions to republicans who are opposed to all of that funding and that ten billion dollars, take it out of iris funding, it could then be spread to other non-discretionary spending in the budget that the president wants to support. military spending would be unaffected by this potential deal, kevin mccarthy told republican members of the house today that i do not think that everybody is going to be happy at the end of the day. joining us now is democratic congressman jim of massachusetts, he s a top ranking democrat on the all-important house rules committee. congressman mcgovern, thrilled to have you here especially with this breaking news situation with the debt ceiling. which you have been intimately involved with and the most elaborate parliamentary maneuver called the discharge position, which looks like you are not going to need it depending on how these negotiations are going.

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