affair heats up as russia announces a new set of sanctions targeting trump critics. and stacey abrams joins me. we begin tonight with the old bait and switch, we re one week away from a potential default on the national debt, every economic expert agrees would be catastrophic for our economy resulting in millions of americans becoming unemployed. interest rates on your homes, cars and credit cards shooting through the roof and a major punishing recession, a meeting between president biden and house speaker mccarthy at the white house is still ongoing as the clock ticks down to find some agreement to avert economic disaster. treasury secretary yellen warned again of an economic default saying it s highly unlikely the u.s. will run out of cash if the debt ceiling isn t solved by this. lyndon johnson was a united states senator for 12 years, quote, if you can convince the lowest white man that he s better than the best colored man, he won t notice you re picking his pocket. th
literally tilting at windmills. it comes as his legal team decides its best defense in his civil rape trial. no defense at all? another deadly mass shooting in america. the latest, a medical center in atlanta, prompting an impassioned plea from georgia senator raphael warnock. also, new reporting on the deep financial ties between supreme court justice clarence thomas and a texas billionaire. keep getting deeper. it keeps getting worse. on capitol hill, there is no off-ramp when it comes to a deal on the debt ceiling. we ll have the latest on the contentious negotiations. meanwhile, the markets mostly flat this morning in response to the latest interest rate hike from the federal reserve. we ll have a full breakdown of what could be the final move from the central bank in the fight to bring down inflation. good morning, everyone, and welcome to morning joe. it is thursday, may 4th. we got two out of three birthdays under our belt here. exactly. willie
the first covid vaccination given to children under five, what parents need to know the iconic art museum giving its own employees a chance to shine announcer: this is “nbc nightly news with lester holt good evening. americans determined to stay on the move this holiday weekend despite inflation headwinds finding frustration at every turn to yet another holiday marred by airlin schedule meltdowns and stubbornly high prices at the pump. but tonigh relief may be on the horizon for drivers. president biden enjoying his own getaway in delawar revealed he may call on congress to suspend the federal gas tax perhaps before july 4th. a gas tax holiday if you will would knock 18 cents off the price of a gallon of gas which remains just under $5 but such a move has its risks americans paying high airfares and finding no relief from airport chaos and ruined vacations we ll get to that in a moment first, kelly o donnell on lowering the cost of driving reporter: the great getaw
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