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Detailed text transcripts for TV channel - MSNBC - 20110713:00:08:00

he then suggests that the president would, of course, simply veto congress s disapproval of increasing the debt ceiling. and by vetoing congress s disapproval, there would be an increase in the debt ceiling. now, there isn t a tea partier out there who isn t smart enough to see that mcconnell s plan for voting to disapprove of the debt ceiling is actually congress s way of enabling the president to raise the debt ceiling. the mcconnell plan would also attach to the resolution the requirement that the president specify the budget cuts that he would suggest making in amounts identical to the increase in the debt ceiling, but the spending cuts the president would identify, the president would not, would not be required to actually execute. so mcconnell s position as of

Detailed text transcripts for TV channel - MSNBC - 20110713:03:04:00

much as $3 trillion in spending, that it is now clear the white house had no intention of ever actually agreeing to in the end, because the white house always knew that the republicans would never agree to the white house tax revenue proposals and in a world where nothing is agreed to until everything is agreed to, the white house knew nothing was going to be agreed to. in a world where nothing is agreed to until everything is agreed to, the white house actually has agreed to nothing, not one penny of spending cuts, not one. still, the white house is clever enough to leak that the notion, the notion that it was willing to entertain spending cuts, that president obama was willing to bend over backwards in the republican direction and think about spending cuts in medicare, in social security, those ideas horrified some democrats in congress and many obama supporters in the blogosphere, but just today, mitch mcconnell

Detailed text transcripts for TV channel - MSNBC - 20110713:03:08:00

it wasn t actually voting for a increase in the debt ceiling at all. the tricky mcconnell plan would ask congress to vote on a resolution disapproving first, a $700 billion increase in the debt ceiling, and then two other $900 billion increases in the debt ceiling. mcconnell expects that a majority in congress would cast that easy vote to disapprove those resolutions calling for raises in the debt ceiling. he then suggests that the president would, of course, simply veto congress s disapproval of increasing the debt ceiling. and by vetoing congress s disapproval, there would be an increase in the debt ceiling. now, there isn t a tea partier out there who isn t smart enough to see that mcconnell s plan for voting to disapprove of the debt ceiling is actually congress s way of enabling the president to raise the debt ceiling. the mcconnell plan would also attach to the resolution the requirement that the president specify the budget cuts that he

Detailed text transcripts for TV channel - MSNBC - 20110713:07:04:00

because the white house always knew that the republicans would never agree to the white house tax revenue proposals and in a world where nothing is agreed to until everything is agreed to, the white house knew nothing was going to be agreed to. in a world where nothing is agreed to until everything is agreed to, the white house actually has agreed to nothing, not one penny of spending cuts, not one. still, the white house is clever enough to leak that the notion, the notion that it was willing to entertain spending cuts, that president obama was willing to bend over backwards in the republican direction and think about spending cuts in medicare, in social security, those ideas horrified some democrats in congress and many obama supporters in the blogosphere, but just today, mitch mcconnell has finally begun to catch up with the president s superior

Detailed text transcripts for TV channel - MSNBC - 20110713:07:07:15

Detailed text transcripts for TV channel - MSNBC - 20110713:07:07:15
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