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Transcripts For CNNW The Situation Room 20120726



unfolding right now over chick-fil-a. the issue, same sex marriage. i m wolf blitzer in aspen, colorado. you re in the situation room. they re not the headlines mitt romney s campaign was hoping to see as the candidate met britain s prime minister today. romney sparked an uproar with remas about london s readiness for the olympic games and promptedprompt ed pointed rebuke against himself. jim acosta is in london traveling with romney right now. what s going on with the republican candidate? what happened? reporter: wolf, earlier today mitt romney told british leaders he s hoping to take in an olympic swimming event during his time here in london. but with no pool in sight he s making some waves of his own. as mitt romney chatted up the olympics in meeting after meeting with former and current british leaders, the london media were already off to the races with comments the gop contender made about the city s preparations for the games. you know, it s hard to kno ....

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Detailed text transcripts for TV channel - MSNBC - 20110801:03:39:00

The establishment of washington for 30 years and the reason we have $50 trillion in debt is not because i was in congress for 30 years, but because of the people who have been here and we came to washington to change ta way business was done. the american people have told us that they want us to change the way that business was done. and mike mullen who you quoted recently, he said chairman of the joint chiefs. yes, chairman of the joint chiefs of staff and he said that the greatest national security threat is the debt. this is the backdrop, but how do you unwind something so big when there is a real prospect here of financial calamity? i understand that, and if you look at what happened last night and this morning, john boehner has been saying this entire week that the bill he first introduced in the house of representatives was actually a bill supported by harry reid, and harry reid has been denying it all week and not telling the truth the entire week saying that is not th ....

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Detailed text transcripts for TV channel - MSNBC - 20110801:03:11:00

Don t reach a deal, then the treasury as to report how this would happen. chairman mullen is in afghanistan and told the troops fighting there, he didn t know the answer to when and whether they would get paid. will the president insist if there is a default that troops get paid? again, the treasury department will and by the way, what admiral mullen talked about is outrageous that here we are 60 hours away from the united states of america defaulting for the first time potentially, and the reason that we are here is particularly republicans in the house, but republicans generally have been unwilling to compromise, so at the appropriate point if we get to that point, the treasury department will lay out clearly for american people and most importantly for the investors and the folks around the world exactly what would happen if we default. i want to be clear on what the president would accept in terms of cuts in the first stage or the second stage, in other words, that what is ....

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Detailed text transcripts for TV channel - MSNBC - 20110731:18:39:00

Speed of light. so, this is a sad commentary on our system and our inability to manage the greatest country in the world and its place in the international economy, i think. raul labrador, you re a freshman republican from idaho, tea party backed. a lot of your and you ve been instrumental in some of the talks on the house side, which included a balanced budget amendment, which is, you know, a poison pill in the senate, as you know. do you feel vindicated that you ve stuck to principles, or are you aptly criticized for failing to recognize what you and your colleagues are doing that leads to the political default that tom is talking about? let s talk about this for a second. we didn t create the problem. the problem has been created by the establishment of washington for the last 30 years. the reason we have $15 trillion in debt is not because i was in congress for the last 30 years, because of the people who have been here. and we came to washington to change the way business wa ....

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Detailed text transcripts for TV channel - MSNBC - 20110731:21:39:00

In debt is not because i was in congress for the last 30 years, because of the people who have been here. and we came to washington to change the way business was done. the american people have told us that they wanted to change the way business was done. mike mullen, who you quoted recently, he says chairman of the joint chiefs. chairman of the joint chiefs of staff. he said that the greatest national security threat to our nation is our debt. but we know this. we understand the backdrop. it s a question of how you unwind something so big when there is a real prospect here of real financial calamity. and i understand that and if you look at what happened last night and this morning. john boehner has been saying this entire week that the bill he first introduced in the house of representatives was actually a bill that was supported by harry reid. harry reid has been denying it the whole week. he has been not telling the truth the entire week, saying that that was not the bill ....

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