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Detailed text transcripts for TV channel - MSNBC - 20110716:01:45:00

states, they don t have the capacity to do it. here s what happens when zats, localities, get vulnerable economic kbli, they willingly let polluters to come in. look, we have no jobs. the real crisis is jobs. if there are not jobs, there s a corporation willing to build on your creek bed, then in these kinds of circumstances, these communities have a real incentive to do so. the states, communities, and neighborhoods don t have to make these kind of tough choices. that s very smart. i would not have thought to put it that way. that s very, very smart. great to have you here, melissa, thanks very much. melissa harris-perry is an msnbc contributor. all right, as greater los angeles braces for the mother of all preplanned traffic jams, the question is jet propulsion of sweat propulsion? i know it sounds disgusting.

Transcripts For CNNW American Morning 20110714

this is ali. chris seen on a well-deserved vacation. we have a lot going on today. let s get to it. high drama and high stakes over raising america s debt ceiling. we are now just 20 day ace way from the treasury deadline. president obama will meet again today with congressional leaders for the fifth straight day of negotiations that ended abruptly yesterday. republicans saying the president stormed out of the talks. this morning, democratic source is telling cnn president obama shut down the meeting after house majority leader eric cantor continued to push for a short-term extension of the debt ceiling. something that the president categorically opposes. that s when sources say the president got agitated saying, quote, this could bring my presidency down but i will not yield on this. end quote. then he added, talking to eric cantor, eric, don t call my bluff. i m going to the american people with this, end quote. let s go live to dan lothian at the white house. differ acco

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