Detailed text transcripts for TV channel - MSNBC - 20110721:21:02:00
Administration has informed democratic congressional leaders that president obama and speaker boehner were about to close in on a major deal that would enact substantial spending cuts and seek future revenues through -- the administration on wednesday night notified top members of congress that an agreemd between the president and mr. boehner could be imminent. but white house spokesman jay carney was quick to knock down the story. let's listen. >> the breaking news reports you all have probably received is incorrect. there is no deal. we are not close to a deal. we are obviously -- the presid...