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Detailed text transcripts for TV channel - MSNBC - 20110726:00:03:00

Networks. the duelling speeches come after two duelling plans emerged today. a plan from senate majority leader harry reid is everything the house republicans originally asked for, a $2.7 trillion cut in spending with no increase of any kind in tax revenue with the $2.7 trillion spending cut designed to match dollar-for-dollar, the amount of the increase in the debt ceiling. in effect, it is senator reid s way of callingç the house republicans bluff. speaker boehnor s original position was a dollar-for-dollar match of spending cuts to the amount of the debt ceiling increase and no change in tax revenue. senator reid and senator chuck schumer unveiled the president s plan first, and the democrats noted they made a significant concession on tax revenues. ....

Harry Reid , House Republicans , White House , 7 Trillion , 2 7 Trillion , Tax Revenue , Spending Cut , Incl E , Congressman Boehnor , Debt Ceiling Increase , Spending Cuts , Calling Ã , Tax Revenues , Chuck Schumer , Presidents Plan First ,

Detailed text transcripts for TV channel - MSNBC - 20110726:00:03:00

Two duelling plans emerged today. a plan from senate majority leader harry reid is everything the house republicans originally asked for, a $2.7 trillion cut in spending with no increase of any kind in tax revenue with the $2.7 trillion spending cut designed to match dollar-for-dollar, the amount of the increase in the debt ceiling. in effect, it is senator reid s way of callingç the house republicans bluff. speaker boehnor s original position was a dollar-for-dollar match of spending cuts to the amount of the debt ceiling increase and no change in tax revenue. senator reid and senator chuck schumer unveiled the president s plan first, and the democrats noted they made a significant concession on tax revenues. it meets the requirements that they laid out, ....

Harry Reid , House Republicans , White House , 2 7 Trillion , 7 Trillion , Incl E , Tax Revenue , Spending Cut , Congressman Boehnor , Debt Ceiling Increase , Spending Cuts , Calling Ã , Tax Revenues , Chuck Schumer , Presidents Plan First ,