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Detailed text transcripts for TV channel - MSNBC - 20110713:13:42:00

recovery. it s 80s flashback week. in 1985 for first time in american history a president of united states had to temporarily hand over power to the vice president under the 25th amendment. george h.w. bush served as acting president for eight hours. he was a one term and eight-hour president. also, speaker john boehner declined to shoot down his counterpart s fallback plan. he made it clear yesterday it is a last resort. i think everybody believes there needs to be a backup plan. that idea and there are other ideas out there in terms of backup plans. the president says you know i would like senator mcconnell s plan and you can t get it through the house, isn t that isolating house republican snz. again, this is a backup plan. senator mcconnell s plan in your estimation could never pass the house. i don t know that. again, senator mcconnell said it s a last-ditch backup plan.

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