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Detailed text transcripts for TV channel - MSNBC - 20121212:02:38:00

steele, john boehner's press secretary for details on the, quote, deal. i was writing quickly and meant to say offer, but i wrote deal. he wrote back we are not close to a deal. when these deals are reported, we tend to tell you about the numbers. obama is at $1.4 trillion in taxes. boehner is maybe 8 one billion. boehner was at 600 billion. but a major sticking point is not a number at all. a major sticking point is the debt ceiling you. might remember the debt ceiling, the dumb, anachronistic thing we have in which congress has to vote for the stuff that it has already bought. and if the vote doesn't go through, then america's economy goes boom. yeah. that one. that has become a huge problem in these negotiations. and for two reasons. first, a lot of republicans outside the negotiations on the hill, they have convinced themselves the debt court of appealing is their secret weapon. the way they see the negotiations going is this.

Quote , Deal , Details , Offer , John-boehner , Michael-steele , Deals , Obama , All , Taxes , Numbers , Sticking-point

Detailed text transcripts for TV channel - MSNBC - 20121212:09:38:00

taxes. boehner is maybe 8 one billion. boehner was at 600 billion. but a major sticking point is not a number at all. a major sticking point is the debt ceiling you. might remember the debt ceiling, the dumb, anachronistic thing we have in which congress has to vote for the stuff that it has already bought. and if the vote doesn't go through, then america's economy goes boom. yeah. that one. that has become a huge problem in these negotiations. and for two reasons. first, a lot of republicans outside the negotiations on the hill, they have convinced themselves the debt court of appealing is their secret weapon. the way they see the negotiations going is this. mr. obama has leverage now because he really doesn't care if you go over the fiscal cliff or curb or slope, or whatever you want to call it. but in february we will hit the debt ceiling. and if we break through the debt ceiling we will unleash an economic hell on this nation. and no president would allow that, right?

Taxes , All , Sticking-point , John-boehner , Number , One-billion , 8 , 600-billion , Debt-ceiling , Congress , One , Boom

Detailed text transcripts for TV channel - MSNBC - 20121212:05:37:00

he is still i'm told at $800 billion, although details on his offer are sparse. earlier today i asked michael steele, john boehner's press secretary for details on the, quote, deal. i was writing quickly and meant to say offer, but i wrote deal. he wrote back we are not close to a deal. when these deals are reported, we tend to tell you about the numbers. obama is at $1.4 trillion in taxes. boehner is maybe 8 one billion. boehner was at 600 billion. but a major sticking point is not a number at all. a major sticking point is the debt ceiling you. might remember the debt ceiling, the dumb, anachronistic thing we have in which congress has to vote for the stuff that it has already bought. and if the vote doesn't go through, then america's economy goes boom. yeah. that one. that has become a huge problem in these negotiations. and for two reasons.

Quote , Deal , Details , Michael-steele , Offer , John-boehner , Sparse , 00-billion , 800-billion , Obama , Numbers , Taxes

Detailed text transcripts for TV channel - MSNBC - 20110103:19:36:00

the vote doesn't go through. it will be up to boehner to make sure there are the votes to pass that. similarly in the senate, although the democrats have the majority there. some tea parties folks will stand their ground. you may see some if their party needs the votes. >> thanks, mark. >> thank you. and it is two days until the 112th congress is sworn in. one of the new members, congresswoman elect karen bass of california. the former speaker of the california state assembly. thank you for joining us. and congratulations. >> thank you. thank you for having me on. >> much of what we need to talk about is the tone. how the president will work with the house republicans with who control the house. what is your hope or expectation? >> well, my hope is they'll stay focused on what i believe is the number one issue in our nation, and that is getting americans

Democrats , Senate , Folks , Majority , Votes , Similarly , Tea-parties , Vote-doesnt-go-through , Environmental-issues , Party , Ground , Members