Detailed text transcripts for TV channel - MSNBC - 20110513:11:03:00
Parts of the deficit adding the package would serve as a quote circuit down payment. what that means we don't quite know. it would include tax increases and non-discretionary spending, but republican leaders john boehner and mitch mcconnell disagree restating their claim tax hikes are off the table. speaker boehner had tough words yesterday for democrats. >> earlier this week i again made clear the no debt increase without meaningful spending cuts and budget reforms. the spending cuts should be greater than the accompanying increase in the debt limit. clearly, wave struck a nerve and the respo...
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