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Detailed text transcripts for TV channel - MSNBC - 20110714:02:24:00

nancy pelosi, harry reid and barack obama. you re busy protecting millionaires and billion areas. you re busy protecting people who are paying 15% on their earnings. the union workers you would like to put out of jobs with your if millionaires if tax cuts created jobs, bush should have left office with full employment. five years ago there was full employment. 5% employment. we have 9.2% unemployment now. hello. beam me up scotty. which was better. than bush did in his whole term. you re just making stuff up. that s reality. you are the one miking stuff up. hold on, jonathan alter. i want to make a couple points to mr. phillips. first of all, the massive fax cuts at the beginning of the bush administration did not

Detailed text transcripts for TV channel - MSNBC - 20110714:05:24:00

nancy pelosi, harry reid and barack obama. you re busy protecting millionaires and billion areas. you re busy protecting people who are paying 15% on their earnings. the union workers you would like to put out of jobs with your if millionaires if tax cuts created jobs, bush should have left office with full employment. five years ago there was full employment. 5% employment. we have 9.2% unemployment now. hello. beam me up scotty. which was better. than bush did in his whole term. you re just making stuff up. that s reality. you are the one miking stuff up. hold on, jonathan alter. i want to make a couple points to mr. phillips. first of all, the massive fax cuts at the beginning of the bush administration did not

Detailed text transcripts for TV channel - MSNBC - 20110714:02:27:00

worried about our debt or our credit rating. that doesn t mean they re going to downgrade us, that means they re worried about it. what i would like barack obama to do is pay attention to what the american people said in this last election when the republicans got put in charge of the house of representatives, in historic proportions, running on the ranks of cutting spending and no new taxes. he s willing to cut $4 trillion. and tea partiers are standing in the way of it, because you won t give up any more revenue from the wealthiest americans. mr. phillips, that s where we are tonight. it s not the wealthiest americans. it s the people who create the jobs in this country. the gentleman said there s a job crisis. yeah, there is a job crisis. you want to create jobs, let s make it easier for people to create jobs. let s cut the taxes. let s cut the regulations. let me calm down and make this one point. we just extended the bush tax cuts last year. coming on the heels of ten years

Detailed text transcripts for TV channel - MSNBC - 20110714:05:19:00

the deal. the poster child of the mcconnell problems is michele bachmann. president obama is holding the united states hostage so he can continue his spending spree. we re saying president obama, is your spending spree really that important to you? that you would put at risk, the full faith and credit of the united states? no doubt, republicans are all over the place on this issue, and at each other s throats. joining me now is jonathan alter. judd son phillips, the founder of the tea party nation. and leo girard is the president of the united steel workers international of america. gentlemen, great to have you with us tonight. mr. phillips, i ll start with you. you have been very critical of the republican leadership. the reports out of the white house tonight make it seem like

Detailed text transcripts for TV channel - MSNBC - 20110714:02:26:00

no, they won t. people like you and some of the folks on capitol hill who don t realize where the real mainstream republicans are on this issue. they re not that s an amazing creative writing on your part. the fact of the matter is, we have a jobs crisis, we don t have a spending crisis. and this republican party has been in office now. this leadership in the house for seven months, they haven t brought forth one proposal or passed one bill that will put people back to work. all they want to do is protect tax breaks for millionaires and billionaires. we have to put an end to that stuff. mr. phillips, i d like your response to moody s warning the united states credit rating could be affected if no deal is reached by august 2nd. do you agree with their assessment. and are the tea partiers willing to cast that assessment aside and just go for broke? moodies has said they re

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