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Detailed text transcripts for TV channel - MSNBC - 20110721:19:02:00

Hill hideaway and one aide described it as a pizza and beer meet and greet and one reporter said he could smell the scent of cigarette smoke coming from the room. we are told there was no agenda, but that is likely with the high stakes game being played right now. and the speaker said it is the senate s turn, and he didn t seem bothered walking away from the conference with one tune in mind. zippity doo dah, zipty day my oh my what a wonderful day and one man who will have to vote on a plan is peter welsh who is a democrat from vermont, and i know you have a busy day, but speaker boehner reposinging happy tune, and we are hearing that we are close to a deal, but what are you hearing? well, we are hearing that there is such anxiety between ....

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Detailed text transcripts for TV channel - MSNBC - 20110721:19:16:00

Avoidable, and in that statement, it says that quote, your migraines occur infrequently, and have no known factors that you are aware of and know how to avoid. this is from the doctor, so will this continue to linger in the coming months? well, it is unfortunate that she felt the need to put a doctor s note out there, but maybe she wanted to get a past it, but she is being held to a different standard and it is based on gender, and i will just put it out there. we have people who are president and vice president and people who have run for offices in the past who have serious illness. joe biden, two aneurysm, and a pulmonary embolism, and biden almost died and got last rites in the hospital room, and we didn t hear anything about that, so for people to be making a big deal whether it is people on the right or the left making a big deal about migraine headaches when 36 million people suffer from these, i hear a dog whistle here. ....

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Detailed text transcripts for TV channel - MSNBC - 20110721:19:23:00

well, it is a big problem, and a lot of people in washington are saying if they can get a deal and raise the debt ceiling, then everything is going to be okay and everything can go back to normal, but i have been hearing from a lot of people in the market that they are concerned that there is damage already. that we may have to live with higher borrowing costs for a long time because these theatrics that you are seeing are raising questions, and remember, when the u.s. treasury has the rates go up, the interest that the government has to pay on debt translates into higher interest rates for the entire economy, and companies and consumers in higher rates on the mortgages and the credit cards. and we are hearing no doomsday or fallback plans worked on, and yet there are some plans worked on at least within industry. there are fallback plans worked on in the industry. i have talked to a number of hedge funds who have a pile up of cash for redemption and also ....

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Detailed text transcripts for TV channel - MSNBC - 20110721:19:06:00

Deal in the new york times and as well as the washington post and luke, what are you hearing on the hill? well, harry reid said that he at the democratic lunch said that he was informed that there is some sort of deal, but he urged president obama to make sure that there is revenue raisers with any compromise. i heard from one source that there is a possibly $3 trillion in cuts with the promise of having some sort of tax reform next year. that would not be very shall we say palpable to a lot of liberal, because it would not have a revenue raiser, and i m told that the one issue that both sides can still not come to an agreement on is to allow the bush tax cuts of the wealthiest americans expire and that is a hinge right now of any deal and what we are hearing from the sources. now the official people, and speaker john boehner was on the rush limbaugh program saying no deal privately or publicly, and they are pushing back on it. right now, if we were trying to gauge the chatter, m ....

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Detailed text transcripts for TV channel - MSNBC - 20110721:19:05:00

Morning mentioned it, so if mr. norquist was taking a position that is reasonable that expiring tax cuts under existing law were not tax increases that creates a lot of breathing room for us and head room. a lot. but my understanding is that he has gone back on that, and so revenues have to be part of it, and, you know, when i talk candidly to many of the republican colleagues, they understand that. and they are worried about the revenues and not getting the cuts, and there is anxiety on the net level of negotiation, but most folks understand that when we are spending 22% of the gdp and collecting revenues lower than the eisenhower era at 15%, that doesn t work. congressman, under the gun today? if not today, a deal by friday? what do you think? well, honestly, i don t know, but what i do know is that we have to have a deal and we cannot allow america to default. if you are eric cantor and want to have more tax cuts or nancy pelosi to put more money into the infrastructure spen ....

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