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Transcripts For CNNW Anderson Cooper 360 20110729

we ll be live when it hams. yesterday speaker boehner told the troops to get their asses in line . apparently not enough republicans have, and now his credibility is on the line. most of the opposition coming from tea party supporters, raw, open, direct rebellion. we want to make sure we never get here again. i want to support something that makes sure we never get here again. the deal that is on the table makes the hole deeper. and so don t you shouldn t expect people who believe that we should balance the budget to vote for a deal that makes the hole deeper. i can t support this plan. i would love to be able to support speaker boehner, leader cantor. i have to have something that transcends election cycles. i can t support it. well, over on the democratic-controlled senate side, they are waiting to get a house bill simply so they can vote no on it. then, experts say, the real bargaining could begin on some kind of compromise that both the house and senate m ....

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Transcripts For CNNW American Morning 20110728

good morning. great to see you this morning. thursday, july 28. this is american morning. advice teen out. we know yesterday a little stuffy. she sounded. it she is getting better hopefully at home today. a lot going on. imagine what our lead story is now? it s the debt. the republicans are scrambling to line up house votes to stave off a potential first ever default of u.s. debt. the deadline, you know, this, august 2 now less than five days away. the house is expected to vote on speaker bane are s plan sometime today and it comes after the house speaker laid into the republican rank and file yesterday ordering them to get in line. many of these people he is talking about are tea partiers who insist that his plan is too soft. even if the bill does pass senate democrats are saying they will oppose it and working on their own proposal which has been spearheaded by senate majority leader harry reid. so if both sides failing to reach an agreement, what happens? c ....

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Transcripts For CNNW Anderson Cooper 360 20110720

that s the house tonight passing h.r. 2560, better known as cut, cap and balance. now it s a republican and tea party sponsored measure calling for massive spending cuts, a spending cap, and congress passing a balanced budget amendment. only then would the debt limit be allowed to go up, ending the current crisis. the measure was passed with just five democratic votes. senate democrats say they ll defeat it. if somehow they fail, president obama says he ll veto it. in other words, it s doa which is why a lot of democrats are calling it a stunt and a waste of time. earlier today a bipartisan group of senators called the gang of six came out with a proposal of their own that is being taken seriously, including at the white house. and so for us today, democratic fors acknowledge that we ve got to deal with our long-term debt problems that arise out of our various entitlement programs. and for republican senators to acknowledge that, revenues will have to be part of a b ....

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Transcripts For CNNW Anderson Cooper 360 20110720

reconsiders laying on the table. that s the house tonight passing h.r. 2560, better known as cut, cap and balance. now it s a republican and tea party sponsored measure calling for massive spending cuts, a spending cap, and congress passing a balanced budget amendment. only then would the debt limit be allowed to go up, ending the current crisis. the measure was passed with just five democratic votes. senate democrats say they ll defeat it. if somehow they fail, president obama says he ll veto it. in other words, it s doa which is why a lot of democrats are calling it a stunt and a waste of time. earlier today a bipartisan group of senators called the gang of six came out with a proposal of their own that is being taken seriously, including at the white house. and so for us today, democratic fors acknowledge that we ve got to deal with our long-term debt problems that arise out of our various entitlement programs. and for republican senators to acknowledge that, rev ....

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