Detailed text transcripts for TV channel - MSNBC - 20110731:

Detailed text transcripts for TV channel - MSNBC - 20110731:22:14:00

deal. it is a bad public policy deal. we ought to lift the limit and then go to deal with the budget. >> but, congressman, you recognize obviously that's not going to happen. are you in any way optimistic as we talked a lot and we heard from members of your party today that they were optimistic that a deal was going to get done? obviously the senate is going to vote, but what's going to happen going forward? >> i said three months ago that the congress would lift the debt limit. there is no way we can put out a straight face to the world and say america doesn't pay its bills. yeah that's true, we did this, but we're not going to pay for it. it's like you've eaten the lunch and you want to get up and say i'm not going to pay for it. i knew that this would come -- the question is how. this is the messiest, the worst

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