john yarmuth, out. democratic congressman. five have retired. five are doing other things as well.this speaker pelosi and senator schumer's worst nightmare? jack: i don't know if it is their worst nightmare, but it is part of the expectation that democrats are getting everything done that they can get this is a last hurrah for a member who was first elected in 2006. if they can get the infrastructure bill done and the major reconciliation bill done, there's not that much left to do for someone like john yarmuth. part of that is the expectation that democrats, if they don't lose the house or senate, they will lose one of the two, and this is the last chance for major legislative victory. tom: out of yale university, he was a republican who became a democrat. is what we are looking for in your world that the democrats, the moderate democrats are going to become republicans? jack: this is a strange one because john yarmuth was always a fairly liberal republican, even early in his time and politics. he was thought by someone he first ran to be too progressive for the seat. he ran when

>> you know, i love john yarmuth, and i understand his frustration. i don't think anything was gained by taking pot shots at fellow democrats, especially two democrats in the senate that we need. we need to pass this. i also know kyrsten sinema. she was my colleague in the house. she comes from a really, really hard scrabble background. she experienced homelessness. she experienced poverty. and so she's not unsympathetic to the underlying values. she may have her own views about cost of programs. i don't know. i haven't talked to her directly about this bill, but i wouldn't write kyrsten sinema off, and in fact, i would reach out to her because i think there's a lot of common ground to be had here if we work at it. i think we need to, whatever our frustrations are that we want to vent, let's do it in private, not in public. that's not a way to win people over in negotiations. >> so what about ultimately, will there be a compromise by the end of this month? will both bills pass? >> i believe they will. i believe democrats understand if we don't hang to

chairman of the house budget committee, john yarmuth, thank you very very much for joining us tonight. we always feel lucky to get you. but as the night were on, we felt luckier and luckier. and then we get this mysterious letter from the speaker that doesn't say whether you can go home tonight or not. can you tell us -- let's just start with this, when are you going home tonight? >> i'm not going home at all. but i just want to say that i hope that the last eight or nine minutes of you and rachel talking are more analyzed because that was one of the most incredible discussions, of sausage making that i've ever heard. and so relevant to the night. nobody knows where we are. the speakers are trying to honor her commitment to having a vote on the bipartisan infrastructure bill. i plan to vote for that bill if we plan to vote on it. but right now i was just involved in a call of the progressive caucus and if anything, there was increase result among the progressive caucus members to oppose the infrastructure bill. i am not in that position, i think it is in a good bill, i'm going to vote

i hope we don't lose sight of that one as well. >> chairman john yarmuth, thank you for join inus once again tonight. we always appreciate it. >> thanks, lawrence. >>> joining our discussion, a columnist for "the washington post" and eugene robinson, associate editor and pulitzer prize winner for "the washington post." also an msnbc analyst. pardon me for being too excited about what the chairman calls the secondary part of the bill, but there is no bill without the pay-fors as everybody knows. so senator warren's idea that seems as though it was going to have to wait for some other era is suddenly what is on the table. >> it seems to be, lawrence, but is it really going to happen in three days or in a week? i mean, you know, a kind of taxation that we've never done before, now, in principle it sounds to me like a really good idea to make mega billionaires pay more in taxes, and one of the things that we've seen over the past 40 years is this incredible accumulation of wealth at the top and a diminution of wealth right at the middle and the bottom. so in principle it is a good idea, an

i think the move from 1.55% up to something higher, i don't know what that is going to be, is john yarmuth ramifications -- is ginormous ramifications. jonathan: that movie is very different to what we are experiencing now from the lows of august. the conversation has changed. tom: where is the conversation on a 1.80%, 1.90%? jonathan: earlier, the federal reserve was comfortable with it. will they be comfortable this time given what is happening with growth expectations into the end of the year? tom: and what does growth look like, particularly once we get through the earnings calls and their visibility. jonathan: i hope you are here, tom. sure what is going on in there. tom: the games are on awful late, jon. jonathan: tom staying up for some baseball. that means he will really be on form tomorrow morning. equity futures up 0.9%. this is bloomberg. [laughter] ritika: with the first word news, i'm ritika gupta. democrats are signaling they will accept senate republican leader mitch mcconnell's offer to raise the debt ceiling into december. it increases the risk of another political fight a

talk about the move down in washington, pelosi is 82 years old, and the republican from kentucky, john yarmuth, he was a republican, then he switched to the democratic party. he became very lonely, more lonely tomorrow at 73 essie announces his retirement. annmarie hordern is here on a democratic party that is falling apart. we have seen this script before. annmarie: as you say, he was the lone democrat in the kentucky congressional representation, so this is a very important seat. we should say,, louisville, as well, though, biden carry that with a pretty high margin. already republicans are saying this just shows, a little bit of the old-timers and the democrats, they know they are going to lose the majority. they are going to be out now. tom: in virginia, there is a tight battle there as well, featured in "the post" this morning. dovetail the sweat they have right over to speaker pelosi, speaking about an infrastructure bill and a diminished social program. how do you link the two together? annmarie: it is all about whether or not they can carry through to the midterms. what they could do n

house budget committee chair john yarmuth tells msnbc what it could mean for negotiations. >> there is a renewed understanding from both progressives and moderates that we have to get done what we can get done, that taking 80% what have we want is a pretty good victory at this point. >>> also new today, transportation secretary pete buttigieg firing back at tucker carlson after the fox news host mocked him for going on paternity leave. >> as you might imagine, we're bottle feeding and doing ittal all hours of the day and night. and i'm not going to apologize to tucker carlson or anyone else for taking care of my premature newborn infant twins. the work that we are doing is joyful, fulfilling, wonderful work. it's important work. and it's work that every american ought to be able to do when they welcome a new child into their family. >> 100% right, there. >>> for a deeper look at the headlines, nbc's monica alba and julie serkin join us. monica, how are the lawmakers reacting to the clean energy component of the bill that's being dropped? >> reporter: president biden is ever the optimis

one retiring member, budget committee chairman john yarmuth.y don't believe he will be chairman in 2023 when republican hold the house. that is why they believe the democrats have to be spend the planning plan. >> the way for democrats to rescue 2022 for them to pass a massive welfare state is delusional. reporter: mike doyle and david price announced their retirements. still over all number of democrats retiring is slightly behind the typical average. a democrat, inc. loss sets other questions into motion. >> if they lose the majority, i think they will, i find it hard to believe nancy pelosi will stay around to be the minority leader. reporter: again many political observers expected pelosi to step down when democrats lost the house in 2010. democrats face a challenge to hold the twice. only twice has the party of the president gained seats in a midterm election. 1934 and 2000 -- 2002. liz: chad, good to have you back on. congressman jason smith, the democrats have a new version of irs snooping. they claim they will go after high income earne

the chairen of the house budget committee and a member of the congressional progressive caucus, john yarmuthe with us. thank you for being here. just ath couple of days ago you said senator d manchin has no understanding of how the federal government monetary system works. do you still believe that is the case? >> totally, yeah.ot he basically said, you know, it is just like my budget when i have to figure out how much money i can afford and then what -- make choices based on that. that's not how the federal works.ment the federal government w actual is, you know, the monopoly of money issuers in the country. everybody else is a user of money. so, yes, he's right if he were in state t government, local government, his own business, or his own household budget. but he'sho not the federal leve. we have the opportunity to spend what weun need to spend to serv the american people. and that's what, you know, deficit spending is really the people'sre surplus, right? if we spend money, people get it. and we can afford to do all of this -- these items, 17 nobel prize winning economists said this is

john yarmuth, thank you. >>> if you've not heard about what happened at a gop rally in virginia and how a flag that was carried at the capitol during the 16 riot was part of that rally, you're going to want to stay with us. there's some new fallout. we've got the details heard. fat we've got the details heard. fight back fast with tums chewy bites. fast heartburn relief in every bite. crunchy outside, chewy inside. ♪ tums, tums, tums, tums ♪ tums chewy bites fine, no one leaves the table until your finished. fine, we'll sleep here. ♪♪ it's the easiest because it's the cheesiest. kraft. for the win win. i don't just play someone brainy on tv - i'm an actual neuroscientist. and i love the science behind neuriva plus. unlike ordinary memory supplements, neuriva plus fuels six key indicators of brain performance. more brain performance? yes, please! neuriva. think bigger. at fidelity, your dedicated advisor will work with you on a comprehensive wealth plan across your full financial picture. a plan with tax-smart investing strategies designed to help you keep more of what you earn. this is

chairman john yarmuth, thank you for joining us. tell us how you've worked your way through this legislative procedure so far and where you are tonight on the two tracks of the legislation. >> right. well, i feel confident that we will have an agreement either tonight or tomorrow morning to be able to vote on this bipartisan infrastructure bill that i think is going to be transformative. a bill that every single member of congress gets to take about $1.2 billion to their district. that is going to be transformative in terms of our roads, deteriorating roads and bridges and drainage and infrastructure just across the country, things that we know have been crumbling for a generation. i think it's a very tough decision to vote no on this bill. and my position has always been that we should not hold this proposal hostage or link it in any way to reconciliation. and the speaker committed that she was going to put this on the floor today, and maybe she'll do it in the morning, but i feel quite certain we'll be voting on this bill and that

last hour house budget committee chair john yarmuth getting his reaction here on the show. >> it's a shame that we would have to strike the climate policy initiatives out of this package, but we have to get 50 votes. >>> meanwhile, the u.s. is now offering to pay the families of those civilians who were mistakenly killed in a drone strike in afghanistan. the pentagon also says it will help if those family members want to relocate to the u.s. that august strike, which killed ten afghans including seven children was meant to target a key isis member. weeks after the strike, the head of the u.s. central command called it a tragic mistake. it's not clear, though, how much money the pentagon is offering. >>> and the january 6th committee is moving forward with its promise to hold people accountable to defy subpoenas. the former trump aide did not show up thursday for his deposition on capitol hill. the full house will vote on it before heading to the u.s. attorney of washington, d.c. president biden giving his support to the committees yesterday. >> what's your message to people who defy

john yarmuth in kentucky, the lone democrat in kentucky's congressional delegation, announced that heeek reelection in 2022. mr. yarmuth writes to playing a leading role, the first democrat to say he will not run in the midterms, which republicans believe they will have a good chance at wrestling the majority back. he has held the seat since 2006 and been the only emma cried in the blue grit -- democrat in the bluegrass state congressional delegation since 2003. our next caller, ricky. good morning. are you with us? caller: good morning. what i am seeing happening in this country now is terrible. [inaudible] if we do, we are going to regret it. we have to walk together. democrats, republicans, independence have to learn, americans, all of us. we must all walk together. no position of this country should sabotage the effort of the other. each side wants the other to look bad. what is going on? host: when was the last time we work together? when was the last time we weren't trying to sabotage each other? caller: [inaudible] more and more republicans don't believe anything their constitu