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Detailed text transcripts for TV channel - FOXNEWS - 20171201:11:36:00

they are trying to work out the details. brian: steve, just to expand on that because of the trigger mechanism, right and parliamentary a procedure move. you are not allow to trigger in automatic tax increases if the deficit if the deficit begins to grow, corker and company want and flake wanted to add a provision in that would up the taxes on people. steve: parliamentarian said you can t do that in this kind of bill. the problem is because the nonpolitical scoring committee that came back with a number yesterday. brian: parliamentarian? steve: no, the score keeper said it would add a trillion dollars over 10 years to the deficit. so bob corker said well, i can t go along with that what they re talking about doing is making the cut smaller. and so it s going to start at 20% for corporations but slowly go up. a bunch of republicans are going wait a minute. brian: wall street won t like that. steve: wall street journal doesn t like it this morning. we will sees a they take up

Transcripts for CNN The Next List 20131012 18:30:00

until monday night. the senate is also in recess. that could change, but right now at least as a body, it doesn t look like they re working very hard. very, very high stakes. athena jones, thank you very much. thanks. for those of you just joining us, senate democrats justhood a news conference on the negotiations and the shutdown on the debt ceiling. senate majority leader reid said there is a long way to go with fiscal talks with rep leader mitch mcconnell. he also said the government must be able to pay its bills. let s bring you up to speed with what s happening today. the senate defeated a procedure move by majority democrats to bring up a clean debt limit bill. the vote was 53-45. the white house responded with this statement congress must do its job and raise the debt

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