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Detailed text transcripts for TV channel - MSNBC - 20110728:23:40:00

He s talking about being the adult and the pragmatist and grown-up, then he showed that there. why the demands are the right were so extreme. a balanced budget amendment. no revenues. just big cuts in programs democrats spent years creating. they want it all their way. your thoughts? well i think that it s possible the clock is on mr. obama s side at this point. i mean if we get to 11:59 on monday, there s still no good deal. a deal that, a bill he signed, i think, maybe even before that point, he demands that a clean debt ceiling increase be given to him. that he will veto any other legislation. he simply won t have it. give me a clean bill through next year and i ll sign it and nothing else, and then the onus is back on the house. they have to come up with this bill, this legislation in the ....

Balanced Budget Amendment , Grown Up , President Obama , Blame It On Aging , Debt Ceiling , Clinton White House ,

Detailed text transcripts for TV channel - MSNBC - 20110728:18:01:00

He reiterated the call that the white house is not going to get behind anything that is not a long-term increase of the debt ceiling. but you know, people have been pushing this on this saying that past presidents have increased the debt ceiling for periods of six months much like the boehner plan would. earlier today on msnbc, dan pheifer addressed this very issue. take a listen. there are lots of short term debt ceiling increases in the past, but they were done in a place where it was not, where one party did not use it as an opportunity to extract their entire policy agenda or by holding the economy captive. reporter: now the pressure is ramping up on the president and also on congress to get something done here. in fact, some ceos of the banks have just released this letter, and we want to read part of it to you right now warning of what would happen if they don t get something done quickly, and i m quoting here. ....

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Detailed text transcripts for TV channel - MSNBC - 20110728:18:06:00

It down to one vote, and the question is how many votes there will be and whether this is the end of it. and something that was written this afternoon by james garrett, but it looks like the democrats may have to have larger spending cuts to pay off the republicans for not having another vote on this for the end of the year, and if the democrats want to have this overwith, they may have to give a number of spending cuts, but no taxes in it, a nd no balanced budget amendment in it. so i think that we can see the end of this whole thing by monday, and i think that it is going to work out fine. lit get do it will get done. chris, elephants are supposed to have a long memory, but do you suppose that they are asked about the debt crisis as it is and you were asked on your show last night, have the democrats gone rogue and happy to cut the baby in two and have the economy destroyed. that is part of the pregame. and the pregame is over. ....

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Detailed text transcripts for TV channel - MSNBC - 20110728:11:05:00

Cut cap and balance was proving it s impossible and cover. hey, i m going to let you vote on this thing. next week, you have to vote on something you really don t like. you voted for this insane thing that you really love. your insanity was written into this document here, you voted for it, you can have it fomreve. at the end of the day, you have been around so many of these things. it happens, right? at the end of the day, it s what happens at the end of every single one of these days, as we click down, o donnellville, andrea saw this yesterday on her show. the one-page bill. this is what it takes to raise the debt ceiling. as you know, joe, it is section 31 of title you change one number here. this is how they did it during ....

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Detailed text transcripts for TV channel - MSNBC - 20110728:12:00:00

You ve got a life to live. [ male announcer ] so don t blame it on aging. talk to your doctor and go to isitlowt.com to find out more. ....

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