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Detailed text transcripts for TV channel - MSNBC - 20110801:10:15:00

No. is our credit rating more likely to be downgraded? yes. there s been a cost to this beyond the political victory for the tea party. the country suffered in this absurd process. ha s absurd is going from a $10 trillion debt to a $15 debt. people arguing we can push this can down the road as far as we want. what does the deficit reduction look like. if it wasn t for the fact is we went from a surplus in 2000 to a $10 trillion debt at the end of the bush presidency. bush increased it. obama is going to increase it. ....

Tea Party , Credit Rating , 0 Trillion , 10 Trillion , Blame It On Aging , Deficit Reduction , President Obama ,

Detailed text transcripts for TV channel - MSNBC - 20110801:02:20:00

Cut, and they started the debate and of course, it was, you had to wait until they signed off on it, essentially at the end, before we had an agreement, so, i think that the struggle here was some of the institutionalists that we have talked about are not happy with the pentagon cuts, and it is about the last remnants of pork that there is, and i don t mean pork in a negative context, but i m simply saying on defense spend, it is a very good thing for the economy in some of the congressional districts in some states. look at northern virginia and look at all of virginia and state of texas and places where there is a t lot lot of republi so losing that was a concern of the old-fashioned pork front. luke, chuck, andrea, thanks to all of you and after the break, emanuel cleburne, and chairman of the national black caucus and we will get some ....

Blame It On Aging , The End , State Of Texas , Northern Virginia , All Of You , Chuck Schumer , Luke Russert , Black Caucus , Pork Front , Emanuel Cleburne ,

Detailed text transcripts for TV channel - FOXNEWS - 20110801:02:12:00

Of every american. we extended the tax cuts. you can see now we put 787 billion into it. you can see now the state governments are cutting back teachers are being laid off professors are being laid off. it is starting to weaken the economy. government spending at the appropriate time when you have a depression is important to do. i am not totally convinced when i look at all of the inned kuwait dorrs unemployment housing starts i am not convinced the stimulus bill has gone. i know the argument is we would have lost more. i am unconvinced. i was always moved to do something as opposed to nothing. it was a balance between tax cuts and additional spending. we have to be careful about pulling too much out of the economy. i am glad the president avoided the default tonight. senator thank you very much. ....

Blame It On Aging , Tax Cuts , 787 Billion , Government Spending , Unemployment Housing , Stimulus Bill , Kuwait Dorrs , Mary Landrieu ,

Detailed text transcripts for TV channel - MSNBC - 20110801:02:36:00

Congressman michael grimm republican from new york who was elected with support of the tea party. congressman, good evening. good evening, how are you? well. i presume that the question to you is what happened on the conference call that you just got off of with john boehner? well, he outlined what is in the plan and the agreement and very similar to what we pased in the house with boehner plan with different tweaks and overall, it is something that i voted for before, and i will obviously be supporting this time. did you get a sense on that call that there was any nervousness? do you think that there is going to be difficulty within the republican party getting the votes that s needed to pass this in the house? no, i don t. again, i think that it s similar enough to what we just passed therefore, you know, by that nature, we shouldn t have is any problem passing this, and i also think that this time, you will have bipartisan support which is ....

Tea Party , Congressman Grimm , New York , John Boehner , Conference Call , Blame It On Aging , Don T , We Shouldn T ,

Detailed text transcripts for TV channel - FOXNEWS - 20110801:04:57:00

On capitol hill we made themselves irrelevant by playing the negotiation. he sat down initially and cut the deal with harry reid and harry reid would wind up swallowing the basic framework he said no, no, no. democratic senator wrote a letter saying we are going to reject it. i think it was a minor victory for republicans but to beat democrats who initially wanted a clean debt deal. look at the out raej from the left. the president basically slithered off the hook because if there was a default it would have been cataclysmic for him. every time you are on the program you talk about the country being together. i know you personally and you are sincere. how about having connie mac and rand paul on to talk about the mac penny. ....

Harry Reid , Capitol Hill , Otr Republicans , President Obama , Blame It On Aging , Debt Deal , Out Raej , Connie Mac , Rand Paul ,