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Detailed text transcripts for TV channel - MSNBC - 20120202:18:26:00

Release, the president quipped, mr. speaker, it s good to the see you at the head table. i know how badly eric cantor wanted your seat. boehner was asked about that relationship with cantor today. we are teammates and have been teammates. and i can tell you, i don t think there s been a disagreement between eric and i over the course of the last year. as you re clearly aware, there s been a couple of staff rumbles from time to time, but you know, that s to be expected when you re doing big things. joining us now is politico s editor in chief, john harris. you ve got a story today in politico about this tense relationship. it s not a staff relationship, this is a relationship between the principles and everyone who is on that payroll tax call in the house caucus reported out of that that there was some noticeable friction. well, right, and my colleagues, jake sherman and john do have great story on politico this morning, detailing the efforts of the two sides to say, look, we ve ....

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Transcripts For CNNW CNN Newsroom 20111220



1st, 160 million american workers will see their paychecks shrink. an average of $1,000 over the course of a whole year and no politician wants to take the blame for that. here s where the debate is. the senate wants to punt the ball. they want to do a 60-day extension. house republicans, frankly, this is one of the few times we agree with the president. we want to extend it for a full year. that s what the american people ask for, it s what the president agreed for. kate bolduan is on capitol hill. kate, the question for most americans, right now, will my paycheck be smaller in two weeks than it is today? it is a very good question. a couple points on that. there is still time this tax cut does not lapse or expire until the end of the year, but i ll tell you for the first time there s beginning to be a question if they re going to reach agreement, if they re going to reach agreement in time. both sides, kyra, seem pretty dug in at this time. house republicans wil ....

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