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Detailed text transcripts for TV channel - MSNBC - 20121206:05:22:00

the public posturing continued into the night last night. but now as congress prepares to work through the weekend and those backroom negotiations continue at a furious pace. despite this bipartisan support for the deal, it s a deal nobody wants to take credit for. reporter: president obama today didn t praise the deal, only expressed relief. all eyes will be on the stock market tomorrow, after the s&p s announcement friday night of the unprecedented downgrade of america s credit rating. stocks plummeted overnight in asia, europe is following suit this morning, as fear dominates wall street. now the focus turns to the fed, and investors are hoping for some good news later today, after suffering the worst day in two years. credit rating agency basically said, we no longer have faith in you, the united states government, because we no longer believe your political system is capable of basic รง competence. the basic competence necessary to pay your bills. that republican-made ....

Republican Congress , Backroom Negotiations , Last Night , President Obama Today Didn T , Credit Rating , Stock Market Tomorrow , Sps Announcement Friday Night , Wall Street , Federal Reserve , United States Government , Credit Rating Agency ,

Detailed text transcripts for TV channel - MSNBC - 20121206:02:22:00

Bills and risk default. the public posturing continued into the night last night. but now as congress prepares to work through the weekend and those backroom negotiations continue at a furious pace. despite this bipartisan support for the deal, it s a deal nobody wants to take credit for. reporter: president obama today didn t praise the deal, only expressed relief. all eyes will be on the stock market tomorrow, after the s&p s announcement friday night of the unprecedented downgrade of america s credit rating. stocks plummeted overnight in asia, europe is following suit this morning, as fear dominates wall street. now the focus turns to the fed, and investors are hoping for some good news later today, after suffering the worst day in two years. credit rating agency basically said, we no longer have faith in you, the united states government, because we no longer believe your political system is capable of basic competence. the basic competence necessary to pay your bills. ....

Republican Congress , Backroom Negotiations , Risk Default , Last Night , President Obama Today Didn T , Stock Market Tomorrow , Sps Announcement Friday Night , Wall Street , Credit Rating , Credit Rating Agency , Federal Reserve , United States Government ,