Detailed text transcripts for TV channel - MSNBC - 20110721:19:05:00
Candidly to many of the republican colleagues, they understand that. and they are worried about the revenues and not getting the cuts, and there is anxiety on the net level of negotiation, but most folks understand that when we are spending 22% of the gdp and collecting revenues lower than the eisenhower era at 15%, that doesn't work. >> congressman, under the gun today? if not today, a deal by friday? what do you think? >> well, honestly, i don't know, but what i do know is that we have to have a deal and we cannot allow america to default. if you are eric cantor and want to have more tax cut...