debt ceiling deal is reached. there are many moving parts. we have details on to phone calls happening as both sides iron out the details. congressman, richie torres, from new york, joins me for moments when we break down what we know. good day from msnbc world headquarters in new york, welcome to alex witt reports. i m in for alex today. we begin with breaking news. a lock happening on capitol hill this hour. white house officials and house republicans are preparing for a call any minute now. their calls between president biden and speaker kevin mccarthy. house republicans are than expected to release the full text of the debt ceiling agreement negotiated by both sides. at five p m today, democrats will get a briefing on the agreement from white house officials. here is some of what both sides say is in the deal. it raises the debt ceiling until 2025. it cuts 1.5 trillion and spending. it increases defense spending. as new work requirements for some government programs, and
get every noon everybody i m yasmin vossoughian. president biden arriving at the white house moments ago he has a busy afternoon ahead of him a call with house speaker kevin mccarthy scheduled on the debt deal and briefing calls with house and senate democrats it is coming as congressman on both of the highway for that actual bill coming from that tentative agreement to raise the debt ceiling in avoided default. we did a conference call, our confidence was over 95%. we overwhelmingly clearly excited. did i get with what i want? no today get all of what they want? no. i am very pleased. we are at a good place. now comes the race against time for the president and house speaker mccarthy to sell it to enough for their party members to get it passed ahead of a june default. no two people have more on the line in all of this. president biden just returning to the white house. nbc news white house correspondent allie raffa is there for us. president biden stopped for a moment
promised that he would shepherd through hard conservative agenda on the stat ceiling vote, and he did not. also, in the big picture, the reason why i think susan is right, that actually doesn t playable selections. it s just not an issue. people have an opinion about that doesn t form their vote. nothing about this bill will be reducing the debt. it s still going to continue to spend more money, it s going to balance the budget. that hard by caucus is saying, we really didn t get anything out of this, i think conservative media also has the decision in this moment. is this the moment they go for our kevin mccarthy? this is the lens through which this vote needs to be. seeing the votes will be there to pass, the republicans the democrats are disgruntled, they ll, do it this now becomes a political story for speaker mccarthy. susan, as you re nodding your head, we ll get you in one second. brittani, president biden promised to relieve student, that republicans say that they one bag on
were too many concessions given? there are certainly a concern. obviously, this needs to move forward, but this is why so many of us were afraid of just how much kevin riccardi gave up with his caucus to win that speaker see. look, where he s looking, there s real consequences for real people. we re talking about increasing the age limit for, the age requirement, rather, for work requirements when it comes to food stamps, snap, and other support systems. these are real people who already have difficulty getting the kind of money that they need through the door to keep food on the table. increasing those work requirements is incredibly telling in terms of the kinds of power that the far-right wing of mccarthy s party have been given in the stat ceiling talks. i think that he is going to want to actually promote that with his caucus, and those are very terrifying things for a lot of us on the left who want to make sure that the work requirements that are already really dangerous don t
the big political news that happened this week that is, of, course governor ron desantis jumping into the 2024 arena. he is now embarking on quite the tour here. i have 12 stops, ooze, and after the rollout does he have ground to make, up for tech issues, and how he announced that matter at this point? well i think he had ground to make up before, and he continues to have the announcement really did not, obviously, go well. it was worth a shot. people aren t going to remember that as much as they re going to remember him on the ground, in those early states. there is a lot of ground to make up. brittani pac-man cunningham, susan depot ceo. wish we had more time. we will have to leave it there. thank you. all that does it for me on this edition of alex witt reports. i m lindsay reiser. yasmin vossoughian continues our coverage. yasmin vossoughian continues our coverage