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economists say this one should not hurt the economy. joining me now is cnbc senior analyst, congressional continue, julie tsirkin, and nbc news white house correspondent, al allie raffa. i want to read a few notable things. jason fuhrman, the former deputy director of obama s national council says the fed will be happy. the economy needs cooling off and this takes pressure off interest rates in accomplishing cooling off. a jpmorgan chase analyst says the agreement could function as the equivalent of a quarter point increase in interest rates in terms of helping to restrain inflation, and ben harris, a former deputy treasury secretary says the most important impact is the stability that comes with having a deal. markets can function knowing that we don t have a cataclysmic debt ceiling crisis looming anymore. so, ron, explain that to us. explain what they re talking about. so katy, i m going to take answer number three as the most accurate one. i just think avoiding ....
Happen. we have no reason to believe at least one democrat wouldn t support that push because this bill was negotiated by president biden, who s the leader of the party. in the past, traditionally, the opposing party, the minority party doesn t do the majority party any favors in moving smlg something out of the rules committee. that meeting is going to start 24 hours today. that will be something to watch. let me ask you about the senate. we heard senator mike lee saying he would do everything to stop this bill. lindsey graham is not happy with the bill and the defense spending within it. do we have an idea of what this might look like when it gets to the senate? i know minority leader mitch mcconnell is saying that this is a good deal. it s a great question. it s interesting. senator lee and senator graham oppose it for very different reasons. lee, and that faction say it doesn t do enough to cut spending. graham is saying this isn t enough money for defense spending, which we ....
Been hopeful moments of protest in moscow and iran. we ve seen those protests be beaten back. i imagine president xi is the most adept of all of these leaders in terms of crushing this revolt and rebellions that he s seeing. but let s see. the soour co-policy has been a disaster, both economically and politically inside china. it s not surprising he has people out on the streets, but these dictators, unfortunately, have pretty sophisticated means of staying in power. they sure do. senator ris murphy, thank you. thank you. a former anti-semite and walk into mlg. i ll ask what a gop leader what he thinks about that trump dinner next. will the january 6th ....
Another holiday marred by tra tragedy. i m going to try to get rid of assault weapons. is there any chance for that and would it stop most gun violence? democratic 123459 thor kiss murphy joins me next. table for three. former president trump sits down with rapper yay and a prominent white supremacist in mlg. how is his party responding? arkansas governor and potential 2024 gop candidate asa hutchinson is ahead. plus, deep dive. as the january 6th committee prepares to release its report, questions arise as to what will be included. please remember what s at stake. what will the months long investigation reveal? democratic committee member adam schiff will be here. hello. i m dana bash in washington where the state of our union is gearing up for the holiday ....