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Detailed text transcripts for TV channel - MSNBC - 20130301:18:48:00

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Detailed text transcripts for TV channel - MSNBC - 20130301:18:14:00

So, number one, what, if anything, does that tell the american public about congress ability to do big things or even smallish things to avert the sequester. number two, as we look forward, we have the possibility on march 27th of a government shut down. when are real negotiations going to begin with republicans, you know, coming to the table, meeting president obama at the table. when does that happen and when should it happen? the president mentioned in his press conference that he ll continue to reach out to people on capitol hill. i certainly haven t seen any of that outreach by the president. he seems to want to spend his time more interested, it looks to me in terms of trying to spend fear and anxiety among the american public to try to force congress to raise taxes. but it doesn t work with me. we need to cut the spending that we know is wasteful spending that continues to go on. and it s easy to point out the ....

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Detailed text transcripts for TV channel - MSNBC - 20130301:18:33:00

Supply chains. steve, i ve been watching the market out of the corner of my eye for the whole week wondering how the market will react. it seems, i have not kept an iron clad track of it today, but it seems like the market, it looks certainly not like the debt ceiling with fiscal drops. it looks like a ho-hum event to wall street as it looks to the market. am i oversimplifying it and once the sequester kicks in, the market will move in any way, shape or form. at some point, chris, i don t know, three, four weeks ago the market learned to stop worrying and loved the sequester. i don t know if it s love the sequester, but certainly in itself, the sequester is not a fiscal cliff. it s not a debt ceiling show down and it s not a government shutdown. just to add to what greg said. that 0.6% of gdp probably will cost 500,000 to 700,000 jobs which is meaningful and the problem is not the sequester itself, chris. the other things that have ....

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Detailed text transcripts for TV channel - MSNBC - 20130301:18:31:00

Prescribed by rheumatologists. all of this will cause a ripple effect throughout our economy. layoffs and paycuts means that people have less money in their pockets and that means that they have less money to spend at local businesses. that means lower profits. that means fewer hired. so, how will the sequester actually impact the economy? let s ask two economic experts. i m thrilled to have both of them. greg and steve liesman, cnbc senior economics reporter. greg, i want to start with you. so much back and forth. this is doomsday. this is not bad. bobby jindal governor of louisiana said the governor trying to scare people. that is the republican argument here. you know this stuff. what are the real world impacts today s march 1st, tomorrow is march 2nd. ....

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Detailed text transcripts for TV channel - MSNBC - 20130301:18:21:00

About how to avert the sequester. there just hasn t been a lot of action, especially on the senate side, to actually avert it. last year the house passed a bill twice that would replace the across the board cuts with targeted cuts in high-growth programs. and there s been a number of proposals. one was a joint house senate armed services proposal that didn t furlough or lay off any federal workers but just said as they retire naturally, you only replace one for every three that retire. and that saves money over time. so, there is a lot of common sense ideas, unfortunately, the senate hadn t passed any of them. now, congressman, lets me talk to you about the house. president obama in his press conference today put the blame very squarely on republican, particularly in the house leaders, saying that the pledge to not raise any revenue from tax increases is simply not a balanced approach and not what ....

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