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 work r
going to go. give them some credit, they are doing something, ali. but this is, you know, this is not a relationship. i hear you. and i would love a commission to discuss how we deal with medicare and social security. i suspect you and i would not be on the same side of this issue, that doesn t matter, right? ali, i do not know. no, i would not say that. we all agree. on how to do? it well, here is the thing i m trying to say, in the old days, you have ten people working for everybody who gets, now got ten people getting, and only one working. those are not exactly numbers by any stretch. by any stretch before we come up with solutions, when people on both sides to say here are the reasonable things to get you to fix it. reagan and tip o neill did this, they both compromised. it looks like this is a compromise, but look, it s good they are opening in this
that continues. joining me now is the white house correspondent monica alma, monica, good morning to. you what is the latest from the white house. we have heard much more from kevin mccarthy and house republicans than we have in the white house, which is issued a fairly limited statement. exactly, ali. president biden was at camp david all day yesterday. he departed this morning to go to delaware, where he is now currently attending his grand daughters graduation from a high school there. and then he will be traveling back to the white house later this afternoon. but we do know that he intends to call speaker mccarthy there. they are expected to have another one of these phone conversations by two p.m.. and that is likely because they may still need to hammer out some details ahead of that legislative text being released, which, as you saw, speaker mccarthy say last night, the intention is to get that out this afternoon so that the 72-hour period can begin. but i think the most criti
yesterday, and people said there was relief that it was june 5th, but it is really giving the math you just laid out, upon us. monika, thank you very much for coming back. we will come back to you at the white house, i am joined now by the republican congressman don bacon of nebraska, he serves as a majority for the house problem solvers caucus, he is also a member of the republican main street congress. congressman, good to see, you thank you for joining. us i noticed that you got into a text exchange with one of our viewers who wanted to know when this vote is, because they want to be in the gallery to watch it. this vote is you tweeted thatt that should happen on wednesday, some time. which means that you are hopeful that your conference will be on board, generally? you will have enough members of the republican congress to take care of this? we may not have enough to get to 18, because i think there will be some that want to support the bill. but if the president supports this a
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