John Boehner

House Speaker John Boehner may have painted himself into a corner with his support for the Ex-Patriot Act, a bill proposed by two Democrats to punish people who renounce their citizenship to avoid paying taxes. Reuters columnist David Cay Johnston joins Ed Schultz to discuss tax dodgers, and to debunk the myth that President Obama is a big spender.

The House speaker on the debt limit debate and Mitt Romney's campaign.

House Speaker John Boehner raised the specter of another debt ceiling fight; insisting that Congress would not raise the debt limit this time around, unless he gets cuts and reforms greater than the debt limit increase. Then the GOP controlled House goes ahead and passes the Defense Authorization Bill -- adding $8 billion more than the spending caps in last year's budget and almost $4 billion more than what President Obama requested. Up host Chris Hayes, along with panelists Betsey Stevenson, former Chief Economist for the Obama Labor Department, Karl Smith, assistant professor of Economics and Government at The University of North Carolina at Chapel Hill, and MSNBC policy analyst Ezra Klein, discuss whether the debt limit should be a crisis at all.

Mark Murray and Domenico Montanaro discuss four stories from this week that could impact the 2012 campaign. New Obama ads attack Romney s work at Bain Capital while a GOP super PAC considers rehashing the Rev. Wright attack on Obama from 2008. Romney nearly matches Obama in April fundraising, and John Boehner hints at another debt ceiling showdown.