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Detailed text transcripts for TV channel - MSNBC - 20110213:14:08:00

Putting forward is for next fiscal year, begins october 1st of this year. but before we get there, we ve got this short-term spending measure, we ve got the fact that the government is expected to exceed its borrowing authority. you know, the debt limit is $14 trillion. we re about to bump up against that in about two months, alex. another enormous task awaits. and on the table at that point, many people hope the big-ticket items that are really driving the budget deficit. anyway, with regards to the spending freeze, orrin hatch gave the republican response over the weekend to president obama, and here s what he had to say. the president s proposal for a freeze in government spending might give the white house a nice talking point, but it is a totally inadequate solution to our nation s spending problems. these levels cannot continue. business as usual is unsustainable, and job creators know that higher debt today means higher taxes tomorrow. reporter: alex, the bottom line is this ....

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Detailed text transcripts for TV channel - MSNBC - 20101217:22:05:00

It for ten minutes. right. basic training in compromise. look, the key phrase there in that whole thing was republicans here today, here they are, you know. the old saying, keep your friends close and your enemies closer. they re now come police there s therefore, it s harder for them to whail on him. he said now that you re my partners in this, we re going to have some unpleasant things to do. cutting ta inting taxes, that s. that makes you popular. but next year, we re going to have to do things like long-term spending problems. i think that s his goal. i think he s understating the extent of democratic opposition to this in overstating to some extent, republican opposition. it was essentially a republican bill. it was a tax cut bill. ....

Tax Cut Bill , Spending Problems ,

Detailed text transcripts for TV channel - MSNBC - 20101218:00:05:00

School now, now you get to use the toy for ten minutes and then junior, he gets to use it for ten minutes. it s this sort of it s basic training in compromise. look, the key phrase there in that whole thing was republicans here today, here they are. yeah. you know the old saying, keep your friends closer and your enemies closer. they re now complicit therefore? well, therefore, it s harder for them to wail on him. it s certainly about tax brackes in the do you like the way that he sort of mobbed them in there by saying, now that you re my partners in this we re going to are some unpleasant things to do next year. cutting taxes, that s easy. reagan used to do that. that make us popular. that puts you up on mt. rushmore. but next year we ll have to deal with i think in like long-term spending problems and you ll be my partners then, aren t. you i think that s his goal lere. that s his goal. i think that he s understating the extent of democratic opposition to this and ....

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