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Detailed text transcripts for TV channel - MSNBC - 20110715:13:21:00

he knew there was no way the republicans were going to vote for one dollar of tax revenue increase. so why should he put a big tax revenue increase plan on the table and expose himself as the big tax raiser? so he put this little thing, this one-fourth. what he s demonstrated finally is that the republicans are actually not as interested in the debt crisis or not as interested in deficit reduction as they are in protecting tax exposure, especially at the high end of the tax code. there s another reason i have you on. let me play the clip first. no, no, you don t have to. oh, yeah, oh, the clip. we have the clip. here it is, 15 years ago. i m afraid of this. almost to the hour, the first time on msnbc. it s to the minute. it s like 9:22. you were one of the first guests. let s quickly go to the clip. good morning and welcome to msnbc. i m jodi applegate.

Transcripts For MSNBC The Daily Rundown 20110715

trip down memory lane. good morning, it s friday, july 15th, 2011. i m chuck todd. i m excited about carmageddon. thank god i don t live in l.a. consider it an arm sift. nobody has won. nobody has lost too badly. why the negotiations on the federal debt are over. the band-aid plan is starting to take shape. the boundaries of a dmz are being drawn. the larger battle, the cold war is years from being settled. here read and mitch mcconnell are negotiating a version of the mcconnell plan c, the fail safe plan that would allow the president to raise the debt ceiling in two or three increments. we say that because it s still being negotiated. guaranteed spending cuts will likely be added to the mix, part of the 1.5 trillion from the biden talks. that s the starting point. that s being used to work out. negotiators are talking about including a commission that would deal with tax reform, of course, the senate doesn t want to call it a commission because it would be binding, thinki

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