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Transcripts For MSNBCW The 20240705

Underway right now. Good evening once again, im stephanie ruhle. Tonight, in his First Oval Office address, President Biden made the case for the bipartisan debt ceiling bill. He spoke of an economic crisis averted, and reminded the nation that, without the bill, the u. S. Was in fact headed for a disastrous u. S. Default. Passing this Budget Agreement was critical. The stakes could not have been higher. They were extreme voices threatening to take america, for the first time in our 247 year history, to default on our national debt. Nothing nothing would have been more irresponsible. Nothing would have been more catastrophic. No one got everything they wanted. But the American People got what they needed. We have heard of an economic crisis, an economic collapse. I want to commend speaker mccarthy. You know, he and i, we and our teams, we were able to get along and get things done. The final vote in both chambers was overwhelming. Far more of our bipartisan than thought was possible. T

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