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Detailed text transcripts for TV channel - MSNBC - 20110627:13:07:00

Summit, the president actively now more involved today and essentially, the republican position has been for every dollar you increase the debt ceilinging, we want to get $1 worth of spending cuts. the president in his radio address this weekend says well, you can t just cut your way to prosperity, we also think you have got to hit the revenue side, so the president is favoring essentially for every $3 in cuts he wants to see $1 in increased revenue. on sunday talk shows it was said that democrats are not pushing for tax increases what they are simply trying to do is close tax loopholes favoring hedge fund managers, for example, people who own private corporate jets and also closing those tax loopholes for energy and gas companies, those energy companies they say do not need those tax subsidies any longer. interesting to see what the president is able to do in trying to get each side to come closer to the middle. we will look for the word compromise. ron mott on the lawn of the white ....

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Detailed text transcripts for TV channel - MSNBC - 20111228:20:14:15

Detailed text transcripts for TV channel - MSNBC - 20111228:20:14:15
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