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Transcripts For MSNBCW Alex 20240706



billions of dollars you can burn a lot of it to turns out. alex wagner tonight starts right now. good evening, alex. i odmean, listen, between th two of us, buddy, one of us tweets a lot less than the other person. i like to tweet. i m a poster to my veins. but t if i may i think i have a little more self-awareness than elon musk. a little bit. okay, okay. it sy, cross talk so we can t really get into it. oh, i can t believe you re not agreeing. i support the self-awareness and certainly the conversation. thank you as always. and thank you for joining us this evening. so summer plans they re often up in the air, but you can go ahead and you can circle this date in pen june 1test. that is the deadline for congress to reach a deal or the u.s. is plunged into financial catastrophe. it s an importantan day, and, m, it is really coming up, really around the corner. there was some hope the debt ceiling deadline couldth be pusd off through financial hocus-pocus, bu ....

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Transcripts For MSNBCW Alex 20240706



air tonight. and on that note, i wish you a very good night. from all of our colleagues across the networks of nbc news, thanks for staying up late. i ll see you at the end of tomorrow. tomorrow thank you for joining us this. evening so often plans are up in the air, but you can go ahead and you can circle this state in pan, june 1st. that is the deadline for congress to reach a deal or the u.s. is plunged into financial catastrophe. it s an important day, and man it is really coming, up really, around the corner. there was some hope that the debt ceiling deadline could be pushed off through financial hocus pocus, but no such luck. today said treasury secretary janet yellen confirmed that it was june 1st or we ll go over the cliff. and yes, today is may 16th. and after the type of person who likes to do math in your head, you may look at those two days and say oh no commerce congress only has 15 days to get this sorted out. but he would be wrong. because these are the ....

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Transcripts For MSNBC Alex Wagner Tonight 20240706



republican senate leader mitch mcconnell told the washington post exactly how he saw our nation s debt limit. quote, what we did learn is this. it s a hostage worth ransoming. a hostage. that is how republicans view this, and that is how we should too. here s what happened five days after mcconnell s hostage statement. this because dark day for the nation s finances and for millions of americans with a stake in the markets, the very same americans who are still processing the fact that our country has lost its top credit rating. here s the damage from today. the dow down over 630 points. that s the sixth largest drop in history, the worst since 2008. nasdaq lost about 7% of its total value. s&p 500 lost 6.6% of its value in one day. the president went on television at midday to reassure americans, but the damage was done. the markets continued to drop while he spoke, and the damage continues. it s a bigger systemic problem with no end in sight. that was what is no ....

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Transcripts for MSNBC Alex Wagner Tonight 20240604 04:04:00

Washington post, in no uncertain terms, quote, what we did learn is this, it s a hostage that s worth ransom-ing. the debt ceiling is a hostage worth ransoming. which is what is happening right now. a hostage crisis. now, mitch mcconnell also apparently learned that it is nobody s idea of a good time to ransom the u.s. economy. today, house and senate leaders from both parties met with president biden but senator mcconnell told reporters he doesn t really need to be part of those negotiations. because, well, this time it is kevin mccarthy s problem. the president and the speaker have the keys to the deal. i am prepared to try and deliver as much for our congress as i can for whatever the speaker and the president can agree to. the president. and the speaker hold the keys to the deal. see what he did there? kevin mccarthy, talk to that guy. this is his hostage negotiations. not mine. and actually that should concern everyone. ....

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Transcripts for MSNBC Alex Wagner Tonight 20240604 08:04:00

Opinion. it s a matter of fact. even republicans know this. back in 2011 when republicanbes first decided they would put a gun to the head of the american economy in order to extract concessions from a democratic president, back then the washington post asked senate majority leader mitch mcconnell what he learned from that whole experience, and he told the washington post in no uncertain terms, quote, what we did learn is this it s a hostage that s worth ransoming. the debt ceiling is a hostage worth ransoming, which is what is happening right now, a hostage crisis. now, mitch mcconnell also apparently learned it s nobody s idea of a good time to ransom the u.s. economy. senator mcconnell told reporters he doesn t really need to be part of those negotiations because, well, this time it s kevin mccarthy s problem. the president and the speaker ....

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