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Detailed text transcripts for TV channel - MSNBC - 20110728:20:18:00

plans in motion if they don t get a debt deal at the oval office before tuesday. senator coburn is confident they will do that pt treasury has a plan what they could bo including who will and count get paid in the event this happens. the white house will make those available as early as tomorrow night. they would wait until the financial markets closes for the week. hopes are you heard from senate coburn we won t get to that point. nbc s mike no nickname viqueira. reporter: how are you? g. senator coburn says quite confidentially government and the president love as drama. but he believes it he get done and isn t going to look at the boehner or reid plan. thinks it won t happen. i m going to wait until tuesday and see what comes out of the blender, but they are doing triage right now in the event they cannot pay. correct? reporter: and you know, look

Detailed text transcripts for TV channel - MSNBC - 20110728:20:20:00

they re basically guaranteeing the bond holders get paid the interest and the military gets paid and then you start to get into what do we do with social security, medicare and everything else. is that fair where are the we ve heard the figure $70 million, the government writes, veterans benefits, right on down the line. again, you know, i asked jay carney this directly today at that briefing. i asked him you know, as we get closer to august 2nd how are are prioritizing what you re thinking about here, and is august 2nd the drop-dead deadline? lots of murmuring. you heard senator coburn say the government could go on a couple more days. august 2nd is the deadline and don t want to backslide from that. thank you, mike viqueira. so many plans, balances all over washington. contingency talk on wall street. can they defer liabilities?

Detailed text transcripts for TV channel - MSNBC - 20110728:20:13:00

ashamed to ai m going to take that away. it s wrong. it s no appropriate given where we are today. so, you know, i just think standing up for what you believe and what you know this country values are. i m amazed that the number of letters i m getting right now. i put out that back in the black. yeah. deal, which cuts a lot of things. a lot of people write me and say, what you suggested will hurt me, but it s okay if it fixes the country. rime getting all sorts of letters from my constituents. ship a that say, how dare you? the vast majority understands we have to do that. at least i would say, senator, we ll leave it here, your proposal frames the magnitude of the conversation we need to have at a number closer to actually what has to be had. i really appreciate that. it does. thank you g. to talk to you, senator coburn. as the clock ticks towards the next vote, the boehner vote in the house, a step back and put it in context with our mega panel. and plus the murdoch dynasty

Detailed text transcripts for TV channel - MSNBC - 20110728:20:13:00

ashamed to ai m going to take that away. it s wrong. it s no appropriate given where we are today. so, you know, i just think standing up for what you believe and what you know this country values are. i m amazed that the number of letters i m getting right now. i put out that back in the black. yeah. deal, which cuts a lot of things. a lot of people write me and say, what you suggested will hurt me, but it s okay if it fixes the country. rime getting all sorts of letters from my constituents. ship a that say, how dare you? the vast majority understands we have to do that. at least i would say, senator, we ll leave it here, your proposal frames the magnitude of the conversation we need to have at a number closer to actually what has to be had. i really appreciate that. it does. thank you g. to talk to you, senator coburn. as the clock ticks towards the next vote, the boehner vote in the house, a step back and put it in context with our mega panel. and plus the murdoch dynasty

Detailed text transcripts for TV channel - MSNBC - 20110728:20:23:00

conversation? i don t know the answer to some of these things but would love to have a debate about trade, taxes and banks as way to get this prosperity back into this country. because you re almost a year away from an election, dylan. it s not going to happen. unless things get so, so bad. until you hit 10% unemployment, see $5 no politician will take the risk to come up way plan they could potentially fail at come october. karen, it s clear. we talked to senator coburn who says very ex-less plicitly, no . come up way deal tuesday, will have to vote on it. he believes it will do it because it s absurd. the congress when they re back to the wall will do it. and we perpetuated this thing without ever having any of the real debate all of us are so desperate to get our teeth into? that s exactly right, dylan. i applaud your presentation in the the beginning. one thing i wand to add.

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