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Transcripts for MSNBC Loan Wolves 20240604 20:44:00

that this was really complicated. - back to the senate. - oh, lord. - then you head up here to the white house to get signed into law. - all right. you could see why this would be a little hard to follow or confusing for anyone who doesn t work in congress for a living. i mean, it s three, five, eight steps at least right here. so the provision that we re talking about that basically said you can t get rid of your student loans to bankruptcy, when do you start to notice it? - so actually, the first place a mention of it pops up is actually back here in this little detour to the rules committee. - okay. what does that suggest? - that suggests it was part of a manager s amendment, which include smaller things that individual members want that just aren t worth the time to debate because they re pretty non-controversial. - i see, so this is where you could kind of slip something in without a ton of public discussion, without as much attention. - yes. - this was a big step. now we knew whe

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Transcripts for MSNBC Loan Wolves 20240604 03:43:00

that seems so vague almost as to be rendered meaningless. is that. - whether or not people can get the same benefit that a random anonymous corporation that might contribute less to society than a nurse. - right. - that s a decision that i think is subject to the politics and the power at the time that decision was made. do people want to reopen that? i mean, i know that s what you re looking at. i think that s a very fair question to reopen. [inquisitive music] - but in order to reopen it, i needed to understand how this little-noticed but massive change happened in the first place. i needed my own deep throat or you know, something that sounds less gross. - so this is what you learn in school is, the house and the senate have to pass the exact same version of the bill for it to become law. so you know, when you go back to the beginning and look at this. - so i called in a favor. - the house does its version. senate does its version. then send it back down to the house. - so that s a

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