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MSNBCW Velshi July 6, 2024

sometimes, there are provisions in the tax code, carried interest that i have problems with. but part of the reasons a terrible idea. can i finish, ali? can i finish my thought? but you are dropping a lot of flags, sir. you all of challenges you re saying things, and let me. let me just, you know what. you got carried interest. i used to be in another place here, can i finish my thought here? that s all i want to do. you brought in taxes, sir? you are good at this, you ve been a politician. ali, i don t think whatever discussion i want to discussion, you talk about taxes in texas and florida. let me finish! you said, they are horrible places to live, i don t agree with that. this all came about because you said, why are not raising taxes on corporations and on people? and i am saying to you when you raise taxes too high, you discourage from people from doing what they want to do. a lot of times they will leave to go to a place, where they get a bet ....

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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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MSNBC Velshi June 4, 2024 14:44:00

Late last night, can mccarthy s negotiators, on behalf of the republican leadership in congress, and with the president in the white house. joining me now is for a governor john kasich of ohio. this is important because john kasich was a former member of congress. and was the chair of the house budget committee. governor, good to see you again. thank you. this is very, very relevant. the reason why i started with that was because, kevin mccarthy talked about the fact that this improves how congress works for the american public, by putting these discussions about money, spending, taxation back into the budget process and the appropriations process, which is great when you observe it and look at it. but republicans have very dirty hands on this one as, well everybody does. the budgeting appropriations process in america has been broken for years. it is why we had a government shutdown. it s why we have come to the ....

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MSNBC Velshi June 4, 2024 14:58:00

Three of the three and a half percent unemployment rate in this country. everybody who is unemployed, more jobs are available than there are people available to do them, but there s a bit of a mismatch. sometimes jobs available are either not suited to the people who are available to work or they are not in the right places. in the end, we effect of the saving of money, because of his work requirement things, it won t make more people work, it will make more people pay those benefits out to fewer people. why then shouldn t we look at corporations who don t pay taxes? and the very wealthy who get breaks? if you are a bus driver, a working stiff in this country, your tax rate as a percentage is higher than anyone else, you have no right of, no ability to do anything. why do we keep going for the least of us? why don t we go for the strongest among us and raise more money? that s the other way that you could balance a budget, raise money. lance a budget well first of f you raise money, c ....

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MSNBC Velshi June 4, 2024 14:02:00

Receive federal aid. it is also going to pare back the maybe 80 billion dollars of new funding for the irs, that was included in the inflation reduction act, which was president biden s signature economic bill that he signed into law last summer. the agreement, however, is only the beginning of the next stage of the process. now, democratic and republican congressional leaders have to sell the deal to enough of their members to get a pass and get on to the presidents desk before june 5th, which is when the treasury starts to run out of money. the white house is scheduled to brief the democratic congress about the provisions of the deal during a virtual meeting at five p.m. today. and as news the deer broke last night, i can release a statement which said, quote, agreement represents a compromise, which means not everyone gets what they want. that s the responsibility of governing. meanwhile, moments after he made his remarks last night, speaker mccarthy briefed the house republicans by ....

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