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Detailed text transcripts for TV channel - MSNBC - 20110730:15:41:00

Everyone, that the house will vote on senate majority leader harry reid s debt reduction deal between 2:00 and 2:30 eastern time. now, they are all scheduled to come back into session about 20 minutes from now, so they ll have a couple hours of discussion, someone-minute speeches will go underway for about an hour or so, and then again in a very largely political move, the house will vote down as expected. senator reid s bill today, it will happen between 2:00 and 2:30 eastern time. of course we ll be watching that very closely on msnbc saturday, and we ll have more on that coming up. we ll talk about that next on msnbc saturday. .was it something big? .or something small? .something old? .or something new? .or maybe, just maybe. it s something you haven t seen yet. the 2nd generation of intel core processors. stunning visuals, intelligent performance. this is visibly smart. ....

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Detailed text transcripts for TV channel - MSNBC - 20110730:10:10:00

.was it something big? .or something small? .something old? .or something new? .or maybe, just maybe. it s something you haven t seen yet. the 2nd generation of intel core processors. stunning visuals, intelligent performance. this is visibly smart. constipated? phillips caplets use magnesium, an ingredient that works more naturally with your colon than stimulant laxatives, for effective relief of constipation without cramps. thanks. good morning, students. today we re gonna continue. ....

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CNNW Your Money July 30, 2011



the most recent cnn o.r.c. polling says 51% of americans would hold republicans responsible if the debt ceiling is not raised. just 30% would find president obama more responsible. peter moresi joins us. i have to ask you this, you are an economist, you re a well-respected economist and we have spoken together for years. do you have any evidence of what so many conservatives are saying that if we were to increase taxes at all, at all at this point in an economic cycle, that it would actually hurt our economic recovery? well, increasing taxes wouldn t hurt anymore than, say, cutting spending. both would decrease the amount of demand in the economy. to say taxes would hurt the economy is kind of code for, cutting spending is okay, but taxes are not. that s simply not true. in fact, raising taxes may be less deleterious than cutting spending. economic theory says so. did anything that happened yesterday, friday, have any effect on you when you looked at those gdp numbe ....

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CNNW CNN Newsroom July 30, 2011



progress. democratic senate leader harry reid and republican senate leader mitch mcconnell on the senate floor moments ago. look. today the speaker republican leader held a press conference to announce they re in talks with the president and that a bargain to raise the debt ceiling is in the works and is close. in president, members of the senate, that s not true. i just spent two hours with the president, vice president, and leader pelosi, and it s fair for me to say that the engagement there is not in any meaningful way. the speaker, republican leader should know that merely saying we have agreement in front of a few television cameras doesn t make it so. the fact of the matter is that the only way we re going to get an agreement before tuesday is to have an agreement with the president of the united states. and the only person in america of the 307 million of us who can sign something into law. and i m more optimistic than my friend, the majority leader. we ve bo ....

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CNNW CNN Newsroom July 30, 2011



this reid plan sometime this afternoon. expected to vote it down. it will be just a demonstration that the reid plan as is is not going to pass the house of representatives. meanwhile, the question is, what s going to happen in the senate, were there any meetings? no meetings scheduled among the leadersh leadership, a top republican leadership aide telling me mitch mcconnell doesn t want to meet with the democrats unless a representative from the white house is involved because the democrats don t have permission to sign off on anything unless the president says so. i also talked to one top democrat from the house this morning about what he thinks, that s congressman barney frank, the chairman of the house financial services committee. let s listen. significant reductions going forward, not immediate, in domestic and military spending, deferring the tax issue for when the bush tax cuts expire and not cutting social security and medicare benefits are things we can look ....

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