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Detailed text transcripts for TV channel - MSNBC - 20121205:17:01:00

year, i will not play that game. because we ve got to break that habit before it starts. joining me now from the capitol dome, nbc s luke russert. i don t know, i think that was what we call officially laying the smack down over there at the business roundtable. i was really surprised that the president went out there on the debt ceiling debate which is something that he put in the initial package that tim it geithner took to the hill and seemed to be an anath matteau those in the gop. he seems to be saying look, we re not going to get this deal done without the debt ceiling in the package. it was fascinating, alex. so much has changed from 2011 when we heard from republicans that the boehner rule, i. efrmgts any extension of the debt limit must be matched by matching spending cuts the norm from now on. seems president obama does not want to play that game as he said. walking away from the press conference today withes the gop leadership on capitol hill, a x alex, they re still eng

Detailed text transcripts for TV channel - FOXNEWS - 20111205:18:04:00

trillion dollars, probably $2 trillion. the question is, where does that money come from. will america contribute anything via the imf? if so, how much? it s all open questions at this point. megyn: of course that s the international monetary fund. sorry, yes. megyn: we re the biggest shareholder. if we decided we wanted to help significantly with a bailout or whatever you want to call it to save your and its currency but the imf, and they re not going to come directly to congress or the american taxpayers, there s no way people would support that is the way i m told, if we do so through the imf, how would we do it, who would be able to decide that? is it geithner, is it bernanke? who decides the purse string controls for americans when it comes to our imf role? america rules the roost in the imf. if we want to commit money to europe in a bailout, we do it. that s it. now, we provide 17 percent of the budget of the imf, the international monetary

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