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Detailed text transcripts for TV channel - MSNBC - 20110511:13:49:00

such a big deal if we have the default looming over us. i mean, where do you see this going? well, as carl says, it s going to ratchet right up to run right up to the deadline. john boehner has been very forceful about whether or not he s going to allow any taxes on in the debate. tacks are not in the debate and what we re seeing from the white house is folks saying, well, it s got to be part of the discussion so there is this sort of fundamental meeting of the loggerheads that has to be broken before we get any kind of deal. carl, we heard mitchell mcconnell say the same thing on taxes drawing a line but yesterday on or show, jeff sessions who is not exactly a liberal republican, very conservative republican, ranking republican, you know, when i said, look, when all is said and done will you be able to support something that has tax tax inc and he wouldn t completely rule it out. he said it depends on how serious the spending cuts are. is there a path there? is this simply mcc

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