Detailed text transcripts for TV channel - MSNBC - 20110420:

Detailed text transcripts for TV channel - MSNBC - 20110420:10:11:00

deficit. 21% only support cutting medicare, 42% military spending, 45%. people like the idea but when you get down to brass tacks they don't want -- >> the president is in good shape and republicans bad shape. i'll tell you why. that clip you all just showed is what presidents are supposed to do. every time there's a deal, the president will get credit and cantor will seem like he's complaining and whining about things that are obstruse. and they can't get a deal if the debt limit doesn't get raised, we will see catastrophic on wall street and republicans get blamed. this is a bad situation for republicans. they're trying to make the best of it. obama did exactly what he had to do yesterday, give a thoughtful moderate speech. everybody agrees we have to cut the deficit and he will get the lion's share of the credit. >> the ball is back in republican's court in a sense. they will never get medicare and

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