Detailed text transcripts for TV channel - MSNBC - 20110721:08:05:00
The first rainbow/sunshine problem is logistical. based on the gigantic slope of the legislation, the people in charge say regardless of the substance of the proposal, it's too big. there is no time to get something this big done before the august 2 deadline. it literally cannot be passed through the senate in time even if everybody likes it. the other rainbow/sunshine problem here is the president and the senate agreeing on this or anything doesn't get you further towards raising the debt ceiling, it's not just the president and the senate, it's crazy town down the hallway too, it's john boeh...