consequential reforms that will lift people out of poverty into the workforce. rein in government overreach. no new government taxes, no new government programs. here is what we know is in the deal. all after the 2024 election. no increase in non-defense spending for the next fiscal year. it cap that 1% the following fiscal year. it also increases defense spending money for veterans. we are also learning it caused back some pandemic funds and cuts nearly $2 billion in money used to hire new irs agents. it reportedly expires but no work requirement changes for medicaid. the house republicans are expected to come back to washington on tuesday and vote on the bill on wednesday. take it up with congressman and
here. there is a legislative process to enact work requirement changes, to change social security, medicare, medicaid. there is an annual budgeting process that republicans are currently involved. and they can shut down departments with an annual budget appropriations strategy. but they are choosing to hold hostage the nations good faith and credit, good faith and credit. tried to expect the cause they can right now. that s the bad faith negotiations. what does it mean for jeffries? look, biden needs a deal as well. one for the future of the country, but also politically doesn t help anybody if we see a collapse. ultimately, whatever deal is struck, joe biden is going to say the jeffries and the democratic caucus, hey, i need some of you to lend votes to republicans because they are not going to keep all of them. but that will be democrats acting in good faith. alicia, it puts kevin mccarthy in an awful bind. he s got five votes hanging on to the speakership. if he abandons five or ten