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Transcripts For MSNBCW The 20240706

here, i got to the point where no one had any idea what was happening behind closed doors in the debt ceiling negotiations. so i offered a wild guest, because that s all anyone was doing. and it is turning out to be pretty much based on pure guesswork and i came up with tuesday night and so i m hoping this thing kind of stays in this direction you say it s pure guesswork, but that s also someone who is a veteran of capitol hill and has seen negotiations and knows what they look like and also understand the stakes. that s the most important thing. here not just the political stakes, but what it would mean for the u.s. economy if we were to default. so we have congressman jim mcgovern, former chairman of the house rules committee, y all important house rules committee, now the top democrat on the committee joining us tonight. and we ll get the update from him as best he can reveal it at this point of exactly what the state of play is on the debt ceiling, above which i am

Transcripts For MSNBCW The 20240706

word that you and senator mccaskill had to say because i m sitting here kind of delighted so far on what is being reported in the new york times because on tuesday night here, i got to the point where no one had any idea what was happening behind closed doors in the debt ceiling negotiations. so i offered a wild guest, because that s all anyone was doing. and it is turning out to be pretty much based on pure guesswork and i came up with tuesday night and so i m hoping this thing kind of stays in this direction you say it s pure guesswork, but that s also someone who is a veteran of capitol hill and has seen negotiations and knows what they look like and also understand the stakes. that s the most important thing. here not just the political stakes, but what it would mean for the u.s. economy if we were to default. so we have congressman jim mcgovern, former chairman of the house rules committee, y all important house rules committee, now the top democrat on the committe

Transcripts for MSNBC The Last Word With Lawrence ODonnell 20240604 02:29:00

of those people, the vulnerable in our country, but we cannot touch tax cuts for billionaires, we can t touch military spending, last week on 60 minutes they had a former high-level pentagon officials say that the cost overruns are astounding. he talked about the pentagon paying $10,000 for a 300 dollar oil switch. you mean to tell me that you cannot find one penny of savings in the pentagon budget? that that is somehow sacrosanct, off limits? we cannot go there? but instead we have to look at programs that help poor people? i mean, i think it tells you all you need to know about who is running the house of representatives right now. you have, now, all 213 democrats signatures on the discharge petition that you are now in charge of. the discharge position could be a way for democrats to force a vote on an increase in the debt ceiling, going around the republican roadblock that the speaker represents.

Transcripts for MSNBC The Last Word With Lawrence ODonnell 20240604 05:29:00

say that the cost overruns are astounding. he talked about the pentagon paying $10,000 for a 300 dollar oil switch. you mean to tell me that you cannot find one penny of savings in the pentagon budget? that that is somehow sacrosanct, off limits? we cannot go there? but instead we have to look at programs that help poor people? i mean, i think it tells you all you need to know about who is running the house of representatives right now. you have, now, all 213 democrats signatures on the discharge petition that you are now in charge of. the discharge position could be a way for democrats to force a vote on an increase in the debt ceiling, going around the republican roadblock that the speaker represents. you would need five signatures from republicans in order to get there, to 18. do you believe that that discharge petition is working as a real pressure on kevin mccarthy forcing him closer to

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