Detailed text transcripts for TV channel - MSNBC - 20110705:09:32:00
Discussion, "wall street journal's" front page reets "deficit talks focus on taxes." the journal says that republicans are at odds with democrats, as you know, as they float ideas that could raise tax revenue, some $400 billion over the next decade. they're reporting the republican leaders say they don't want increases but this past weekend some members of the party seemed more open to eliminating tax breaks. some. texas republican senator john cornyn says they should close some loopholes and eliminate breaks as part of larger effort to cut rates. he also cautions it may be too late to add to ...