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Transcripts for MSNBC Jose Diaz-Balart Reports 20240604 15:54:00

restore every rung of the ladder that helped me climb. because you want my story to pale in comparison to your stories. as president, i will moivaten, inspire and require every able-body citizen to take responsibility is and go to work. we will back the blue, secure our streets, and finally, make it a federal crime to kill, ambush, or assault a cop in this country. i will lead a revolution for

Transcripts for MSNBC Jose Diaz-Balart Reports 20240604 15:05:00

to go into this meeting after being briefed by his negotiators who are on capitol hill right now. they re going to head to the white house in a couple of hours. let him know where things stand. then he can go in and at least head in the right direction with the speaker. they re not expecting to come out of this meeting saying we figured it all out. we re going to be able to do this. they both agree, they say, that they will avoid default by raising the debt ceiling. it s all these other things that are attached to that very consequential issue that continued to be the holdup here, jose. so garrett, what are the speaker s expectations for this meeting this afternoon? i think it s similar to the white house. they feel as though they ve got to move the ball forward on this. they have to get to the agreement on the top line spending number before anything else can happen. and jose, it s worth pointing out that the urgency here perhaps might soon be felt more acutely by lawmakers who un

Transcripts for MSNBC Jose Diaz-Balart Reports 20240604 15:06:00

speaker mccarthy shook hands on an agreement today, that alone is not enough to lift the debt ceiling. they have to turn that agreement into a bill text, which is a process that can take days. they have to work it through the system in the house, another several day process, bring the senate back who are already out on recess for memorial day. i just saw one senator landing in the balkans, bring them all back to washington and pass it through to chambers. we re looking at june 1 as the deadline to get this whole thing done. you need that agreement much sooner than that if you re going to avoid a default. and monica, the president in the past didn t rule out bypassing congress by invoking the 14th amendment, which says the validity of the public debt shall not be questioned. how seriously is he considering that now? i can tell you that white house lawyers have been contemplating that option for some time, but they have ultimately concluded that is not going to help anything in the s

Transcripts for MSNBC Jose Diaz-Balart Reports 20240604 15:04:00

can kind of get that top line number figured out, all these other smaller issues will remain locked in place. and it may take this meeting between the speaker and the president to move the ball forward here a little bit on this. i don t know that anyone in either camp is expecting a major breakthrough today or a handshake agreement. yeah, what are the white house s expectations for this afternoon s meeting with the speaker? they want to build on the progress they feel that was made in that phone call last night from air force one when the president spoke with the speaker so they do feel this direct communication between the two of them can lead to at least heading in the right direction with some of these areas of agreement, but i m told by a white house official exactly what garrett just laid out there, that there is this larger conversation coming on spending. the president has said he is open to some spending cuts, but he has been very firm about protecting some other issues tha

Transcripts for MSNBC Jose Diaz-Balart Reports 20240604 15:53:00

innovation where america leads the world with new breakthroughs, where new medical cures and cheaper drugs and lower health care costs become the norm. lengthening the lives of our social securitys. where law enforcement has advanced equipment to keep each and every one of them safe. where we have huge new american factories creating high-paying american jobs, running on plentiful, cheap, american energy but america cannot be safe or secure if we sink into cultural quick sand here at home. as president, i will rebuild and

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