from msnbc world headquarters here in new york, i am alex witt. welcome to our special coverage of the coronation of britain s king charles. this is london live, you are about to see it is under light rain, it is ten a.m. british summertime. over the next five hours we will step into instant history. the scenes that we watch together will be in high definition, but centuries old. ancient ritual, but contemporary in immediate s spectacle. tradition in scope and afield but accented in modern controversy and attended by a worldwide audience, many of whom will view in fascination. others, disdain. we will try to provide a spectrum of motion and analysis in that perspective as the events unfold. happening right now, heads of state, government officials, and other dignitaries arriving at westminster abbey in anticipation of a ceremony steeped in 1000 years of tradition. the last coronation was 1953 when then 25 year old elizabeth the second was crowned queen as the four year old so
even a brief default would cause the country half 1 million jobs, according to the council. if there is no default, dragging negotiations out until the last minute could cause 200,000 jobs. some argue president biden could act unilaterally by provoking a provision and the 13th amendment. other question the legality of such a move. in the exclusive interview with stephanie ruhle, the president didn t take the option off the table. i am not there yet, and here s the deal. i think that, first of all, this is not your father s republican party. this is a different group. and i think that we have to make it clear to the american people, that i m prepared to negotiate in detail with their budget. how much are going to spend, how much you re going to tax, where can we cut. for example, in the first years of my administration i cut the death by 1.7 trillion dollars. 1.7, more than anyone s done in history. their budget goes in and, there is no possible that they can pass their budg
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 mega budget is, if you pass this budget, we re not going to increase the debt limit. then we re going to go bankrupt. the white house has also warning that if the white house default, it would result in severe damage. a default according to the white house would result in hud to thousands of job losses, which could increase to millions the longer it goes on. joining me now is nbc s correspondent, a
investigation. also this morning, we are on the ground following a growing humanitarian crisis on the southern border. as the secretary of homeland security heads to the border in anticipation of a mass influx of migrants. border towns looking for answers, migrants looking for help. are you desperate? i m very desperate she tells us. i don t have anything to eat. we have people sleeping on our streets. this isn t sustainable. it s not normal. please help us, and enough with the politics of it. and new controversy with justice clarence thomas. first it was reporting about luxury trips and yachts and a real estate deal, and now propublica has new reporting about a billionaire gop donor paying private school tuition for a thomas relative. i ll talk to the reporter behind that story, how that donor is responding and the larger ethical questions it s raising. but we begin with the suspect in a georgia mass shooting in custody this morning as we learn more about the inves
that does it for us on this friday morning, ana cabrera picks up the coverage right now. happy friday. so glad you are with us. it s 10:00 eastern. i m ana cabrera reporting from new york, and it may be friday, but there s still a lot of news this morning, including big economic shifts. we just got the april jobs report, and instead of the decline economists expected, unemployment numbers ticked down. the unemployment rate is 3.4%. jobs were added, many more than expected. that is some good news, but with interest rate hikes, banking turmoil, layoffs, and store closures, how do you assess the state of the u.s. economy? former new orleans mayor mitch landrieu who s also a senior adviser to president biden will join us. plus, a judge could hand down a record sentence for a january 6th rioter today. how long that defendant could spend behind bars. and we re following reaction to the historic verdicts against members of the proud boys. what does it all reveal about the