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Detailed text transcripts for TV channel - MSNBC - 20110728:08:11:00

boehner plan and the reid plan are that close together in terms of how they might really hit working families, how(ase we going to bring this thing to an end, when you re looking at it, are we going to get one of these plans adopted, or is this the president invoking this plan z, this constitutional 14th amendment right to do it. is that the only way we re going to avoid the catastrophic case you suggested? i don t think the 14th amendment will work. law professors have been skeptical enough and when you re dealing with a conservative supreme court and the uncertainly of a constitutional crisis on top of a debt crisis, that s too hard a road to hoe, but i think we re going to see something between the reid and boehner plans, the big difference is the boehner plan forces us to raise the debt ceiling again and forces us to accept a $1.8 trillion or more in cuts from the so-called super

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 - FOXNEWS - 20110728:04:37:00

democrats, the five 53 that sent a letter to boehner did boehner a favor. that s the course i would have prefered. if you poll most grassroots tea party activists who worked their hearts and souls out to put in majority in office last november, that s what they want as well. i have to struggle not to roll my eyes when i hear harry reid accusing boehner and the gop leadership of pandering to the tea party. the tea party folks wish they were being pandered to, as a result of this deal. they certainly did not, as a message of their mandate for change in november, hope that at this point in time, we would have the boehner plan and reid plan look like each other! look like pale imitations of each other. i think it was fairly mortifying after the cbo as flawed as its analysis sees have been over the last couple of years, some out yesterday and expose the

Detailed text transcripts for TV channel - MSNBC - 20110728:08:12:00

commission, and if we don t do it, we go through another crises. also a vote on the budget amendment. i think you could get something more rationalal to incentivize another plan down the road and have something with enough pressure coming from the markets, both parties could vote for. you make it sound like if reasonable people had a conversation about this there might actually be a solution, so thanks for being on and talking with us today. glad to be here. that was ezra klein, columnist for the washington post and bloomberg and also an msnbc policy analyst. thanks so much. thank you. now, ask yourself, would you no, not you, nancy. would you want john boehner s job right now, trying to placate a gaggle of angry tea partiers and stave off an economic calamity at the same time? i suspect there are moments even he doesn t want this job, but he s got it, and we need )jr boehner to get better at doing it.

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