Detailed text transcripts for TV channel - MSNBC - 20120710:23:25:15
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Obama for the sequester set to go into effect after the end of the year. as you remember, that sequester is to offset the debt ceiling and will cause deep cuts to defense spending. the white house, the obama team has pushed back and said, look, the president has proposed a number of alternatives to this sequester and by the way, it was passed by both houses of congress. so that has really been the big debate. i don't expect the president to address the sequester specifically. but that's sort of the backdrop to his visit here. martin? >> kristen welker, thank you. stay with us. we'll be back to...
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