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Detailed text transcripts for TV channel - MSNBC - 20110719:19:50:00

is that enough? that this would sort of solve that problem? we do have to see more of the details, were ut having served on a presidential commission back in 2005, president bush s bipartisan tax refor commission, i know how hard it is to end up way bold plan when dealing with bipartisan reform. i think wall street was disenchantsed it was tossed aside. to see that back on the table and teed up as the basis for the plan is a great thing. when wall street looks at plan like this, what primarily are think looking for? what of the benchmarks? i think the split, assumptions made by economic growth. that s the real key to pulling us out of this. you mentioned in a piece to this, the ratings agencies. i think maybe the ratings agency was erring on the side of progressiveness in light of they

Detailed text transcripts for TV channel - MSNBC - 20110719:19:50:00

reduction package that can get bipartisan support. jim, thank you for joining me. we are also joined by liz ann saunders who is anbowles. i know wall street prize itself not looking at the details, not released publicly. they did see simpson bowles. is that enough? that this would sort of solve that problem? we do have to see more of the details, were ut having served on a presidential commission back in 2005, president bush s bipartisan tax refor commission, i know how hard it is to end up way bold plan when dealing with bipartisan reform. i think wall street was disenchantsed it was tossed aside. to see that back on the table and teed up as the basis for the plan is a great thing. when wall street looks at plan like this, what primarily are think looking for? what of the benchmarks?

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