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Transcripts For MSNBCW Katy 20240706



that they don t want to default. they want to avoid that, but they don t agree on how to do it. mccarthy wants to hold it at hostage in return for massive cuts on discretionary programs meaning basically everything but social security and medicare which along with defense, make up the clear bulk of the budget while president biden has been adamant that no cuts are on the table. none. so what are these guys going to talk about? and how will mitch mcconnell, chuck schumer and hakeem jefferies factor in? they will also be at that may 9th meeting. does it end an agreement to disagree until this fall? in other words, a short-term deal to avoid collapse? because that is what economists are worried about, a default that will send the markets into a freefall, add rocket fuel to inflation, slash millions of jobs, cut off social security payments and veterans benefits and drag the u.s. economy into an ugly and potentially prolonged recession. no one wants that. joining me now is ....

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Transcripts For MSNBCW Way 20240706



meanwhile on capitol hill this morning there s far more pressure on lawmakers and the white house to reach a deal on the debt ceiling following a new urge want warning from the treasury department. and hollywood writers are on strike for the first time in 15 years putting production for movies and tv shows on hold. good morning and welcome to way too early on this tuesday, may 2nd. i m jonathan lemire. thanks for starting your day with us. we ll begin with the latest in that deadly mass shooting in texas. there are now questions about the response by law enforcement after a family member who survived the shooting says that he repeatedly called 911. the family says they called 911 well before the shooting started after their neighbor refused to stop firing a gun near their house and then threatened them. about 15 minutes later they say the gunman went into the house with an ar-15 rifle and opened fire on the people inside. ramiro guzman told nbc news he was hiding in ....

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