09/14/2011 11:23 am ET | Updated Nov 14, 2011

Lawrence O'Donnell: Obama Passing Entire American Jobs Act Is 'Fantasy' (VIDEO)

Lawrence O'Donnell scoffed at the prospect of President Obama being able to pass his entire jobs bill on his Tuesday show.

The MSNBC host called the Obama administration's assertion that it will pass the whole package "a fantasy" of which it was well aware. He predicted that Republicans will not pass tax increases or any new spending.

He said that Republicans merely "politely refrained from saying in the clearest possible way immediately, 'obviously we will rip this bill apart and only pass the tax cut parts that we like.'"

O'Donnell replayed clips of Obama repeatedly saying "Pass this bill" in his stump speeches for the Jobs Act. He predicted, "The Obama camp is going to have to come up with something like 'pass the rest of this bill,' or 'pass whatever's left of this bill.'"

He also pointed out that there is nothing stopping the Republican-controlled House of Representatives from ripping the bill apart. He replayed clips of Obama arguing that money for tax breaks for the wealthy would be better spent on teachers and small businesses, and noted the futility of that argument for Republicans.

"Now you can ask yourself, what are the chances of John Boehner and Eric Cantor's House of Representatives taking up the American Jobs Act and passing it in full and sending it over to the Senate?" he said. "Now you've caught up to what the White House already knew before it introduced the bill, that the best they could hope for is that the bill will be passed in pieces."


Visit for breaking news, world news, and news about the economy RELATED VIDEO: