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Detailed text transcripts for TV channel - MSNBC - 20110727:13:16:00

On finance and is one of the top men in leadership, senator schumer, nice to have you. good morning, chuck. let me start with what appears to be that we learned from congresswoman emerson that what boehner is going to do to change his plan a little bit is he s going to keep the cuts the same because they re so similar to what you guys are offering in the senate and just lower the first round of asks for the debt ceiling request. it s less acceptable, i think most people including the markets because the biggest problem with the boehner plan, there are several that it s so short-term, that as soon as we raise the debt ceiling we ll be back at it fighting again, royaling the markets, risking downgrade. standard and poors has said with the small amount of rise in the debt ceiling that boehner propo proposes, we risk we ought to ....

Chuck Schumer , What Boehner , Congresswoman Joanne Emerson , Debt Ceiling Request , Debt Ceiling , Reid Plan , Royaling The Markets , Risking Downgrade , Standard And Poors ,

Detailed text transcripts for TV channel - MSNBC - 20110727:13:16:00

Men in leadership, senator schumer, nice to have you. good morning, chuck. let me start with what appears to be that we learned from congresswoman emerson that what boehner is going to do to change his plan a little bit is he s going to keep the cuts the same because they re so similar to what you guys are offering in the senate and just lower the first round of asks for the debt ceiling request. it s less acceptable, i think most people including the markets because the biggest problem with the boehner plan, there are several that it s so short-term, that as soon as we raise the debt ceiling we ll be back at it fighting again, royaling the markets, risking downgrade. standard and poors has said with the small amount of rise in the debt ceiling that boehner propo proposes, we risk we ought to just scrap the boehner plan, ....

Chuck Schumer , What Boehner , Congresswoman Joanne Emerson , Debt Ceiling Request , Debt Ceiling , Reid Plan , Royaling The Markets , Risking Downgrade , Standard And Poors ,