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Detailed text transcripts for TV channel - FOXNEWS - 20110403:16:10:00

healthcare for seniors. the battle over this year's budget continues with one key democrat predicting a compromise. >> i'm quite optimistic. i think progress is being made. they are working off a number, $33 billion of cuts, that is very reasonable. it is right in between what democrats have proposed and republicans have proprosed right in the middle and after all that was the number proposed originally by the house republican leaders. >> if congress can't agree on a 2011 spending measure by this friday there could be a government shutdown. the president called the leaders of the house and senate yesterday to try to talk to them about a compromise and time is running out, shannon. >> shannon: the conversation continues. >> it does. >> shannon: steve, thank you. plenty of finger pointing here in washington over a possible government shutdown that could come later this week. >> it would be the height of irresponsibility to halt the economic momentum because of the same old wag politics.

Democrats , Budget-for-fiscal-year , Number , Battle , Compromise , Seniors , Progress , Healthcare , One , All-ofa-sudden , Cuts , Republican-party

Detailed text transcripts for TV channel - CNN - 20110403:13:25:00

government shutdown. midnight friday is the deadline. another temporary extension is unlikely. this may mean putting together a coalition of republican and democratic moderate. at a tea party rally in washington, it was clear for some republicans, the talked about budget cuts are not enough. >> if liberals in the senate would rather play political games and shut down the government, instead of making a small down payment on fiscal discipline and reform, i say shut it down. >> in the meantime, democratic senators like tom harkin worries the cuts are too much. the president has got to take out his veto pen, below this i will not go and i will veto it. john cornyn of texas and democratic senator mark warner of virginia, up next. ♪

Republican , Coalition , Washington , Government-shutdown , Extension , Tea-party , Moderate , Rally , Maxed-out-the-federal-government , Senate , Budget-cuts , Reform

Detailed text transcripts for TV channel - CNN - 20110403:13:39:00

what i think we need to put in place, though, is a plan that says how and basically working off the president's debt and deficit commission, how do we put up five- or ten-year plan that will bring down spending, reform our tax code, generate revenues and spending cuts we need to start chipping away at the $14 trillion debt. every day we failed that, we add $4 billion with a "b" to our debt. we need a plan, we're working on that in the senate. three democrats, three republicans. >> gang of six taking on debt reduction. >> let's get out of this small ball, box, and take on tough issues around defense spending, xwiltsmentes, tax reform. we'll get that plan moved forward. >> what is the status of that? this has been going on for a while. >> these are huge issues. you see why they've not been bit off in the past. we're working in good faith, made progress in the last week.

President-obama , Plan , Debt , Spending , Place , Deficit-commission , Ten , Five , Cuts , Revenues , B , Tax-code

Detailed text transcripts for TV channel - CNN - 20110403:02:36:00

trying to avoid that looming government shutdown. he called both john boehner, republican speaker of the house, and harry reid, democratic senate majority leader. the president's message to them, stop squabbling and reach a solution. lawmakers have to pass a new spending manual by friday when the current short-term bill runs out. a developing sorry in libya. a nato air strike may have taken out the wrong target. new developments in the story out of mississippi where two sisters served 16 years in prison because of an $11 armed robbery. why they feel they deserve a full pardon, although it appears they may not get it. i'm online. i know you are too. check us out at twitter, facebook, cnn.com/don.

Harry-reid , Obama , Solution , Government-shutdown , Squabbling , Message , Lawmakers , Speaker-of-the-house , Majority-leader , Senate , John-boehner , Democratic

Detailed text transcripts for TV channel - CNN - 20110403:16:25:00

coalition of republican and democratic moderates. at a tea party rally in washington, it was clear for some republicans, the talked about budget cuts are not enough. >> if liberals in the senate would rather play political games and shut down the government, instead of making a small down payment on fiscal discipline and reform, i say shut it down. >> in the meantime, democratic senators like tom harkin worries the cuts are too much. the president has got to take out his veto pen, below this i will not go and i will veto it. john cornyn of texas and democratic senator mark warner of virginia, up next. [ male announcer ] a moment that starts off ordinary

Republican , Democratic , Coalition , Washington , Senate , Tea-party , Budget-cuts , Moderates , Rally , Liberals , Maxed-out-the-federal-government , Cuts

Detailed text transcripts for TV channel - CNN - 20110403:12:43:00

there seems to be a pretty good talk out there that no, they won't do another one. that being the case, friday will be pretty important, will something get done this time? >> i continue to think so, because the fact of the matter is when you look at the center of the u.s. senate and the center of the house that is moderate democrats, moderate republicans, nobody sees any real big interest, political interest being served by shutting down the government. you have the left saying, wait a minute, the cuts that the right wing wants to put in are way too big and then we have the tea party and conservative wing of the republican party going there's not enough cuts. in the middle, enough people that if they put together a coalition, they can get something passed that will last until october, which the new fiscal budget starts. >> we have -- hefbt gotten 2011 done and talking about 2012. republicans making a big

Something , Case , One , Fact , Talk , Center , Friday , No , Matter , House , Interest , Government

Detailed text transcripts for TV channel - CNN - 20110403:16:39:00

need to start chipping away at the $14 trillion debt. every day we failed that, we add $4 billion with a "b" to our national debt. we need a plan, we're working on that in the senate. three democrats, three republicans. >> gang of six taking on debt reduction. >> let's get out of this small ball, box, and take on tough issues around defense spending, entitlements, tax reform. we'll get that plan moved forward. >> what is the status of that? this has been going on for a while. >> this has been going on a while. these are huge issues. you see why they've not been bit off in the past. we're working in good faith, made progress in the last week. chances are when we roll out our ideas, we'll get grief from the left and right. if we don't find a way as we started this conversation to link arms, democrats and republicans and take a giant leap together, these questions around debt and deficit will

Debt , Plan , B , 14-trillion , 4-billion , 4-trillion , -billion , Republican , Democratic , Issues , Gang , Senate

Detailed text transcripts for TV channel - CNN - 20110403:10:38:00

rough week. >> it will be. >> chad, good to have you here this weekend as well. president obama made a couple of calls yesterday, trying to get thingses moving on the budget. reaching out to house speaker john boehner and senate majority leader harry reid. talking about a compromise on how much to cut. paul stinehauser has more on what could happen if no deal is reached by friday. >> reporter: hey, good morning, t.j. the clock is ticking toward a possible government shutdown. democrats and republicans trying to reach a budget agreement to fund the budget for the rest of the fiscal year, through september. if there is no agreement by friday, the current government for the funding ends, and could be a shutdown of nonessential government offices and services. most americans say a shutdown would be a bad thing for the country. look at that 6-10 feel that way in the most recent cnn/pew research poll. some say that the shutdown would be a bad thing. and republicans and tea parties,

President-obama , Budget , Couple , Chad-myers , Harry-reid , Thingses , John-boehner , Senate , Calls , Majority-leader , Reporter , Paul-stinehauser

Detailed text transcripts for TV channel - CNN - 20110403:16:29:00

act together. >> senator cornyn, did i read you wrong, at least some of your comments this week, that you're kind of on board with the $33 billion figure? >> i'd like to cut more. we're still spending 40 cents out of every dollar of the spending is borrowed money, adding to the deficit and the debt. it's up to harry reid, the majority leader in the senate. the house has already passed a bill that would fund the government through the end of september, but he's refused to take it up. i hope we can solve the problem, because, frankly, people are looking for a little bit of adult interaction and interested in solutions to our debt and to our deficits and not just games, and that's what we're getting it looks like. >> in fact, i think the public can't probably quite grasp what this is. this is a bill -- this budget should have been done last october. more than a year to deal with

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Detailed text transcripts for TV channel - CNN - 20110403:05:35:00

to japan now. officials say the crippled fukushima power plant is leaking radioactive water into the ocean. the source of the leak is an 8-inch crack in a concrete pipe. efforts today to seal the crack with concrete were not successful. they'll try again to plug the leak using synthetic material but still don't know where the contaminated water is coming from. of course, japan is dealing with a much bigger problem than just the fukushima plant. the prime minister visited one of the areas hardest hit by the tsunami on march 11th. he promised aid to the victims quote, to the end. president barack obama is spending part of his weekend trying to avoid that looming government shutdown. he called both john boehner, republican speaker of the house, and harry reid, democratic senate majority leader. the president's message to them, stop squabbling and reach a solution. lawmakers have to pass a new spending plan by friday, when

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