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Transcripts for MSNBC Velshi 20240604 14:18:00

potential economic disaster, nbc news has learned that staff for former president biden and congressional leaders were set to meet again today to compromise on the debt ceiling. republicans are by house leader kevin mccarthy want to make raising the debt ceiling contingent on an agreement to cut spending in unravel key pieces of president biden s agenda. but president biden wants a clean bill that raises the debt ceiling with no conditions at all, which is what happened three times under donald trump s presidency. treasury secretary janet yellen says of the debt ceiling is not raised, america could default on its loans as early as june 1st. i want to go straight to nbc news capitol hill correspondent, julie tsirkin. julie, good morning to. you thank you for being with. us i guess i have to ask you this question, as somebody who covers this. in a normal world, these would be negotiations. staff of congressional leaders

Transcripts for MSNBC Velshi 20240604 14:01:00

spending pools, that move is gonna force desantis to file paperwork within the next 15 days. that s officially acknowledging his intentions to run for president for the first time. even though he hasn t officially announced yet, he has been acting like a presidential candid for several weeks. yesterday, travel to the early republican primary state of iowa. where he attended a pair of events and met with voters. super pac backing him had to santa s 2024 signs, merchandise available yesterday s event and during a speech, he turned his attention to the election. as bad as things are going right now, if things do not go well for us republicans in 2024 it s gonna get a whole lot worse. we must reject the culture of losing that isn t affected our party in recent years. the time for extra races is over. we gotta demonstrate the courage to lead and the strength to win. if we do that, if we make 2024 election a referendum on joe biden and his failures.

Transcripts for MSNBC Velshi 20240604 14:11:00

considered a party. we are could that possibly come from? because there are people who would populate, but there is nothing that looks like it. we have a s hutchinson running yeah. for what galvanizes people around such a movement? rhonda scent is right about one thing, republican parties on a losing trump. with trump, they lost seats in state legislators, they lost seats in congress, they have been on a slow drain. democrats have picked up some places they shouldn t have won, technically, even with their vast redistributing advantages that republicans have. but what has to happen for the republican party to reform is that there has to be a shocking defeat. it has to be hung around the trumpist movement, not just trump. this nationalist populism, which is essentially a sort of western diet version of putin s plutocracy. that has to be seen for what it is. it is a poison, it is not a conservative ideology. and i think, if that happens, i

Transcripts for MSNBC Velshi 20240604 14:07:00

living in kansas and make this about liberty and individual choices and freedom because the republican party that i grew up in was about getting the government out of life, out of your personal decisions, out of your bedroom, out of your wallet, out of your behavior, within the law. and this six-week abortion ban stuff, it is radioactive waste for the republicans right now. and in the states where they passed it, democrats have a chance to make real inroads. let s talk, about you tweeted about ron desantis, because people have said that he is the leader of the republican party. , yes. i m an economics guy, so when you say talk to me about that. when ron desantis speaks, there is always a theory that if ron desantis and donald trump made it to the debate together, donald trump would eat him alive, because donald trump is a lot of people live at these things. ron desantis may be doing all of the things necessary to be a presidential candidate, but when we see him as an actual pr

Transcripts for MSNBC Velshi 20240604 14:20:00

building, clearly not enough urgency to stick around, because they do think that kevin mccarthy and president biden, at the end of the day, hopefully we ll be able to come together on something. but here is the bottom line. if you are kevin mccarthy, you look at the staff talks as at least a partial win, but the president is willing to negotiate on something here. because, for about three months, kevin mccarthy has been calling on president biden to sit down with him again and negotiate president biden and democrats have stuck to their ways in saying they will not negotiate together. spending cuts with a debt ceiling, it has been done, as you noted, nearly 100 hundred times before, a clean debt ceiling left, including three times under former president trump. but i ve to tell, you in the former, president during his town hall this week said that it is okay if we default republicans, following of speaker mccarthy here in demanding that we get our spending cuts. republicans did kind of

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