Detailed text transcripts for TV channel - MSNBC - 20110710:14:03:00
The plug on the so-called grand bargain he and president obama had been negotiating. $4.5 trillion worth of savings over ten years. obviously very controversial. a complete overhaul of the tax code. some changes for social security and medicare that had democrats really app powe plektic. late last night john boehner said they're going to try to go for a scaled down package. meaning about $2 trillion. that was the basis of what was being negotiated in the previous week by vice president biden and representatives from congress including democrats and republicans. problem? republicans got up and ...