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Detailed text transcripts for TV channel - MSNBC - 20110804:00:04:00

Consider tax revenue increases under any circumstances. this afternoon, house majoty leader eric cantor assured the national review, the house is not going to support tax increases period. senate minority leader mitch mcconnell says the lesson from the debt ceiling brinksmanship is that it worked. i think some of our members may have thought the default issue was a hostage. you might take a chance at shooting. most of us didn t think that. what we did learn is this, it s a hostage worth ransoming, and it focuses the congress on something that must be done. meanwhile, the public s confidence in congress is at histor low. a cnn opinion research poll taken this week, just 14% said they approve of the job congress is doing while an overwhelming 84% disapprove. ....

Tax Revenue , House Majoty Leader , Eric Cantor , National Review , Debt Ceiling , Mitch Mcconnell , Didn T , Hostage Worth Ransoming , Histor Low ,