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Detailed text transcripts for TV channel - MSNBC - 20110723:00:04:00

Extending the debt ceiling, and president obama said he would reluctantly be willing to accept what he had asked for from the start, a clean debt ceiling increase through 2013. this is the president now saying he is very, very reluctantly accepting what he set out to get in the first place. joining me now from the white house, kristen welker. do we have kristen welker from the white house? hi, there, lawrence. hi, there. one of the interesting things the president offered without anyone pushing him to do it is to say i will give you the tick tok. i m going to give you all the paperwork that shows exactly how this deal is negotiated. we now have a disagreement between the president and speaker boehnor. mr. boehnor saying they had a deal for $800 billion in revenue ....

Debt Ceiling , President Obama , White House , Kristen Welker , One To , Big Deal , Speaker Boehnor , Revenue Increases , 800 Billion , 00 Billion ,

Detailed text transcripts for TV channel - MSNBC - 20110723:00:03:00

This sense that all the talk about responsibility, all the talk about the next generation, all the talk about making sacrifices, that when it comes to actually doing something difficult, folks walk away. here s what we re going to do. we have now run out of time. i told speaker boehnor, i ve told democratic leader, nancy pelosi, i ve told harry reid, and i ve told mitch mcconnell, i want them here at 11:00 tomorrow. we have run out of time, and they are going to have to explain to me how it is that we are going to avoid default. and they can come up with any plans that they want and bring them up here, and we will work on them. the only bottom line that i have is that we have to extend this debt ceiling through the next election. into 2013. now the only bottom line is ....

Democratic Leader , Nancy Pelosi , Harry Reid , Mitch Mcconnell , Debt Ceiling , Bottom Line ,

Detailed text transcripts for TV channel - MSNBC - 20110723:01:06:00

house speaker john boehner then held a press conference at the capitol shortly after the president spoke tonight where boehnor, big surprise, blamed the breakdown in negotiations on the president. i want to be entirely clear. no one wants to default on the full faith and credit of the united states government. and i m convinced that we will not. starting tonight, i ll be working with the colleagues here in the capitol, both the house and the senate, to find a responsible path forward, and i have confidence in the bipartisan leaders of the congress that can come together to ensure that we have an agreement that will allow the country to avoid default and meets the principles that we ve outlined. spending cuts that must be greater than the increase in the debt limit and no tax increases. discussions we have had with the ....

John Boehner , Speaker Of The House , Press Conference , Big Surprise , United States Government , Debt Limit , Tax Increases ,

Detailed text transcripts for TV channel - MSNBC - 20110723:01:12:00

$400 billion. so certainly agreement on that front, but after the phone call last night, president obama didn t hear back from boehnor. the white house got an e-mail today saying speaker boehnor will contact the president at 5:30 this evening. that was 3:30 this afternoon. at that point in time, the white house picked up the phone and asked speaker boehnor s office can they talk right now, they were told no, they can t. it was at 5:30 speaker boehnor called the president and said they were pulling out of the deal. the reports out of the white house, this $400 billion was always a possibility is simply misleading. they say the goal posts were changed at the very last minute, but again, this final message that was left by president obama certainly interesting and shedding new light on how these talks may have broken down. lawrence? kristen, that s very helpful. it seems to indicate the president did reopen the tax number, which they seemed to ....

Speaker Boehnor , President Obama Didn T , White House , Phone Call , E Mail , Last Night , 00 Billion , 400 Billion , Big Deal , Goal Posts , Tax Number ,

Detailed text transcripts for TV channel - MSNBC - 20110723:00:03:00

About responsibility, all the talk about the next generation, all the talk about making sacrifices, that when it comes to actually doing something difficult, folks walk away. here s what we re going to do. we have now run out of time. i told speaker boehnor, i ve told democratic leader, nancy pelosi, i ve told harry reid, and i ve told mitch mcconnell, i want them here at 11:00 tomorrow. we have run out of time, and they are going to have to explain to me how it is that we are going to avoid default. and they can come up with any plans that they want and bring them up here, and we will work on them. the only bottom line that i have is that we have to extend this debt ceiling through the next election. into 2013. now the only bottom line is ....

Democratic Leader , Harry Reid , Nancy Pelosi , Mitch Mcconnell , Debt Ceiling , Bottom Line ,