Detailed text transcripts for TV channel - MSNBC - 20110714:09:01:00
Compromise on spending cuts and tax hikes as part of a plan to raise the debt ceiling. all of this as moody's put the country's stellar credit rating under review. nbc's kristen dahlgren joins us from washington with more. kristen, good morning. >> reporter: good morning, lynn. just when you thought it couldn't get any uglier, word of the tensest talks yet at the white house. republican house majority leader eric cantore is saying that the president said to him, "eric, don't call my bluff," and then stormed out of the building. democrats say those reports are overblown. they admit the presiden...