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Transcripts For MSNBC Alex Witt Reports 20240710

Cured, have access to care, that all makes it worthwhile. So i just want to thank your administration and all the folks who have been working on this for now building on it and continuing to expand it. If i had a dime for everyone who said to me over the last two years campaigning and as president tell the president , meaning you, i said thank you. And now to the infrastructure talks that are getting another try on monday. President biden shot down shelly moores Counter Proposal. Democratic congressman John Garamendi told me last hour they may have to move on without bipartisan support. Ive been around long enough to be patient but also long enough to be impatient. There will come a moment where its Fish Or Cut bait and thats not far off. And Big News Out of london. The g7 countries reached a deal on a global minimum Tax Rate for corporations. The group says this will help address the economy. Janet yellin called the agreement unprecedented. And a federal judge in california says that

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Transcripts for MSNBC Alex Witt Reports 20210605 18:23:00

You look there under 6% for the first time since the pandemic started. so the president arguing that his plan is working, that covid relief is really making an impact. and because vaccinations are also on the rise he believes that means more americans are able to get back to work even though we know again there are 7.6 approximately million fewer jobs compared to pre-pandemic levels and where we were last february and march. but the president also used that as an opportunity to try to make the case for taking advantage of this economic momentum even if it is slow and steady. and he made a pitch yesterday iphis remarks for his infrastructure plan. the reality is right now that right now is quite stalled given that negotiations with republicans have continued, but the latest offer from the gop and from the lead negotiator, senator shelly moore capito was rejected from the white house. that would have been about $50

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Transcripts for MSNBC Alex Witt Reports 20210605 18:54:00

Important would it be if the president, president biden, could pass some level of debt forgiveness? i knew that i would step into this conversation. i m not naive, i m not unaware that there is a broader discussion about the relief of debt. and clearly this is what i would say to that, clearly any kind of policy or legislation that relieves debt for students would be a good thing. i m also not naive enough to recognize that this is a very nuanced problem and that it is multilayered. and will involve or need to involve lots of discussions from various constituent groups adding to the solution. but the outcome clearly would be a good outcome. and i think most students, and not only students that go to historically black colleges, but

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Transcripts for MSNBC Alex Witt Reports 20210605 18:24:00

Billion in spend [the new president said thanks but no thanks, that doesn t meet my objective. so they ve continued the discussion going on monday but then as you know the president is going to be leaving for his overseas trip so the focus is going to shift a little bit. so the white house now shifting the time line on when they may get something done on infrastructure. white house press secretary jen psaki arguing there s still a lot of time left. he s going to have these discussions. there are democrats and republicans who are talking with each other. we re going to engage with them as well and continue to have a discussion with a range of interested leaders in congress about how we can come together to make a historic investment in infrastructure. we re going to see how those conversations go. we re going to keep a range of pathways open to move these bold ideas forward. reporter: i can the operative word, though, and what we should be watching for in the coming

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Transcripts for MSNBC Alex Witt Reports 20210605 18:10:00

Adding about $50 billion or so in spending to the gop s framework. that comes after the president made some new concessions including keeping all of the 2017 tax cuts. so as negotiations are set to pick back up on monday where do you see these talks going? is there a point that you see where it ll be past the point of no return and democrats will have to go this alone? absolutely. there s two issues here. there s the money and the substance. it s amazing republicans who make themselves out to be fiscal conservatives are the ones who don t want to pay for infrastructure. what democrats are saying, what the white house is saying is we want to actually pay for this with our generation not just send the bill to our kids and our grandkids. that s why we have to talk about what tax raises go along with this proposal. but the second thing is that this cannot just be about filling potholes in 1950s roads. what you ll hear especially from

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