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MSNBCW Velshi July 6, 2024

conference at the capitol. i just got off the phone with the president, i talk to him twice today, and after weeks of negotiations, we have come to an agreement in principle. we still have a lot of work to do, but i believe this is an agreement and principle that is worthy of the american people. i expect to finish the writing of the bill, checking with the white house and speaking to the president again tomorrow afternoon, and then posting the text of it tomorrow, and then voting on it on wednesday. thank you for your time, and i think this is very worthy of the american public. we do not have the full scope of the agreement, as the speaker, noted the bill is still being written as we speak, with the intention of completing it by later today. now, from what nbc news has gathered so far, the deal will to raise the debt limit until 2020, five it will keep it roughly flat while giving a slight boost of funding to defense, and if we are providing a new controversial ....

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FOXNEWSW Sunday July 6, 2024

inning spending, consequential reforms that will rein in government overreach. there are no new taxes, no new government programs. jason: here is what we mow is in the deal: it suspends the debt ceiling until after 2024 election, no increase in non-defense spending for the next fiscal year, and it caps it at 1% the following fiscal year. it also increases defense spending and money for veterans. we re also learning it claws back some unspent covid-19 pandemic funds and cuts nearly $2 the billion in money used to hire new irs agents. it also reportedly expands work requirements for some adults receiving food stamps but no work requirement changes for medicaid. the house republicans are expected to come back to the washington on tuesday and and vote on the bill on wednesday. we ll take it up with congressman brian mast and congresswoman beth van duyne. meanwhile, china has spent the week courting african countries like the democratic republic of congo for rare either mi ....

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MSNBC Velshi June 4, 2024 14:30:00

But for the first time, putting statutory, in a law, something called paid a, where we are no longer going to allow putting president biden over the last two years, waving anything you want, and you can unilaterally determine that 1.5 trillion dollars in taxpayer funds we spied without any consideration from congress. look, we could go on and on, i will say this again, it is transformational, number one and two, it would not have happened without the strength of the speaker, without the dissolve of the speaker, telling the white house he is not backing down without support of the republican congress, demanding we make progress in terms of saving, changing the trajectory of this country and ensuring this entire time, but our perspective was that kids, the next generation would inherit the irresponsible spilling from washington, that is been going on for decades. thank you. not only is this bill transformational, i hope you see the change in congress. i will open up the peoples house, ....

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MSNBC Velshi June 4, 2024 14:45:00

Brink on these conversations. i listen to kevin mccarthy, at his word i say great, i m glad you are all fixing that. probably should not have happened in the course of a debt ceiling negotiation. but are you optimistic we can get back to the process in which congress, the president proposes a budget, the congress debated and we get things done in an orderly fashion? yes. you know i don t want to be a pessimist here on sunday morning. but look, a couple of things. first of all, give the republicans some credit for the fact that they got something here. is what they have your transformational? not in the least! and when they keep saying they will spend less, i don t understand how they can say that, because entitlements are going up dramatically. ali, what i am hopeful for in a way, cautiously hopeful, is in order to pass this, they will have to in the house, they will have to marginalize those on the left, and marginalize those on the right, and they will have to do this within the co ....

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FOXNEWS Sunday Morning Futures With Maria Bartiromo June 4, 2024 14:28:00

America today that their going to inherit as a result of irresponsible, reckless and selfish spending of politicians in washington. as patrick said and as the speaker said, this is transformational. this truly saves trillions of dollars not just in these discretionary appropriations bills, but for one of the first times in decades actually takes mandatory spending, some of these programs, these social welfare programs like s.n.a.p., tanf and simply asks, look, if you re going to ask taxpayers to provide you assistance, then just recognize this, that you need to recognize that that s something people are doing for you, and you need to work to help yourself if you re single,. don t have dependents, if you re between 18 and up to 54 years old, that you can volunteer, you can go to school, you can go work work at your church, get job assistance and job training saving billions and billions of dollars which, of course, is great for tax fayiers. but taxpayers, but it helps get them back in ....

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