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Detailed text transcripts for TV channel - FOXNEWS - 20110727:02:44:00

if both those plans are voted down in both houses. but i think they would have to be more realistic and come forward with a better plan and quickly. because we do not need to not raise the debt ceiling at least for a temporary base base. greta: have you heard or had any conversations, harry reid has he said anything to the republican leadership in the senate? yes, they are talking. there s no doubt about that senator reid and senator mcconnell talk on a regular basis. it appears sunday night they had an an game greta: what happened? they went to the they had an agreement. greta: what happened? they went to the white house and the president said no. greta: why? he didn t want this debt limit increase he wanted a bigger amount to take him past the next election. i don t see if there is anything wrong if we can achieve a significant reduction in our debt

Harry reid planDebt ceilingYou gretaSenator reidPresident obamaWhite houseGame gretaDebt limit

Detailed text transcripts for TV channel - MSNBC - 20110727:17:01:00

and the congressional budget office now downgrading john boehner s revenue projections. where does the president factor in as time runs out? joining us from the white house gene spurling. gene, what happens next? now we know that both the harry reid plan and john boehner s plan have been downgraded, if you will by the congressional budget office. neither would produce the amount of money expected. will the president at this point sign a short-term deal if a 30-day emergency extension, whatever, just to keep things going while these issues are resolved? you know, andrea, the real issue is not the congressional budget office scoring of either plan or even the vote count on either plan. the real issue is we re at stalemate. we ve got two plans that have almost no prospect of passing both houses. so for all the discussions about what might hypothetically come to the president s desk, the real focus should be on that we re at stalemate, we need to

President obamaJohn boehnerWhite houseTgene spurlingHarry reid planCongressional budget officeWhat happens nextRevenue projectionsHarry reid compromise planPoint sign aAndrea mitchellEmergency extensionThe real focus

Detailed text transcripts for TV channel - MSNBC - 20110727:16:35:00

offers the best hope. why? it cuts a lot more money than the house. the harry reid plan is not being proposed in the house of representatives. right now it s the boehner plan being proposed in the house of representatives. would you if it s passed the way that boehner has proposed it, i know they re finding on more spending cuts to get to trillion dollars, if the house can pass that, will you support it in the senate? boehner plans come over and he can marshall his forces then i would support a harry reid amendment to that that would improve it. it s not only the trillion, we have to have enough money to give confidence in those who rate the credit worthiness of the united states of america that we re serious about cuts and we re serious about reform. which is our path forward with this joint committee. senator, have you ever seen a divide like this? you re more than 20 years serving in the senate? no i know you just had the firefighters on from new york.

Medicare supplement insurance planWhite houseHarry reid planHarry reidSpending cutsBattle over americaCredit worthinessNew york cityJoint committee

Detailed text transcripts for TV channel - FOXNEWS - 20110727:02:00:00

Detailed text transcripts for TV channel - FOXNEWS - 20110727:02:00:00
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President obamaLeader cantorSpeaker boehnerWashington dcBad newsBully politicsHarry reid plan850 billion dollars850 billion1 2 trillion

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boehner s plan has now checked harry reed s. today those same bean counters are saying, yep, reed s numbers are wrong as well. but they also say that when it s all said and done, reed s deficit cutting trumps boehner s by, listen to this, more a trillion dollars. reed s plan, ten years, $2.2 trillion in net debt reduction. meantime boehner s plan $850 billion. again, six days until default. so what about the white house here? no debt meetings, not today, at least not publicly on the president s schedule. so let s go to washington, to jane small she s a congressional correspondent of time magaz e magazine, friend of the show. glad to have you back on. help me understand this, we ll call it odd, this very odd moment between some house republicans that happened yesterday. some are vastly underwhelmed of the debt cutting plan of speaker john boehner. to get them together to rally around this, house leaders showed this clip from a gangster movie, jay newton-small, it s called t

Harry reid planJohn boehnerBean countersCheck boehnerHarry reed sDeficit cutting trumps boehnerCongressman boehnerNet debt reduction2 trillion850 billion50 billion2 trillionTo jane smallDebt meetingsWhite houseLet s go to washington