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Detailed text transcripts for TV channel - MSNBC - 20110725:21:05:00

Ceiling and cuts and another debt ceiling mechanism next year sometime. david, seems like the president is basically saying all i want, get this out of the way before the incomes election. in that interest i ll give you what you want, basically? the democrats, without, and republican. s have drawn a line in the sand. problem is, it s inside it s republican tent. it s basically up to the bedroom. saying, we ll given you cuts, and part of reid s plan is $1.2 trillion in defense and non-defense discretionary cuts. we don t know what the cuts will be. may be real cuts in real problems, that the president and other democrats care a lot about. they have basically yielded to republicans on a big conceptual linking, lifting the debt creeling to spending cuts and two things republicans still want. a dollar for dollar cut in spending to mamp a debt ceiling increase and a trigger mechanism for a balanced budget amendment. holding out ideologically. ....

Trechtding Way , Debt Ceiling Mechanism , Incomes Election , David Korn , Line In The Sand , Harry Reid , 2 Trillion , 1 2 Trillion , Debt Creeling , Big Conceptual Linking , Balanced Budget Amendment , Spending Cuts , Debt Ceiling Increase , Dollar Cut , Trigger Mechanism ,

Detailed text transcripts for TV channel - MSNBC - 20110725:21:05:00

Has a six to nine month debt ceiling and cuts and another debt ceiling mechanism next year sometime. david, seems like the president is basically saying all i want, get this out of the way before the incomes election. in that interest i ll give you what you want, basically? the democrats, without, and republican. s have drawn a line in the sand. problem is, it s inside it s republican tent. it s basically up to the bedroom. saying, we ll given you cuts, and part of reid s plan is $1.2 trillion in defense and non-defense discretionary cuts. we don t know what the cuts will be. may be real cuts in real problems, that the president and other democrats care a lot about. they have basically yielded to republicans on a big conceptual linking, lifting the debt creeling to spending cuts and two things republicans still want. a dollar for dollar cut in spending to mamp a debt ceiling increase and a trigger mechanism ....

Trechtding Way , Debt Ceiling , Debt Ceiling Mechanism , David Korn , Incomes Election , Line In The Sand , Harry Reid , 2 Trillion , 1 2 Trillion , Spending Cuts , Debt Ceiling Increase , Debt Creeling , Dollar Cut , Trigger Mechanism , Big Conceptual Linking ,