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Detailed text transcripts for TV channel - MSNBC - 20110524:17:17:00

Heç gets into an argument with bob schieffer about the tiffany deal? let me play a little bit of that extraordinary conversation. first of all, with david gregory, you know, separated himself from paul ryan and the wrath of the entire republican establishment and then, of course, this tiffany issue. let s take a look. did you owe a half million dollars to a jewelry company at one point? we had a revolving fund. what does that mean? it means we had a revolving fund, that, it was a who buys half a million dollars worth of jewelry on credit? no, it is a go talk to tiffany s. it is a standard no interest account. michael steele, do you want to go into iowa, let s say you re managing the campaign, do you want to go no iowa describing a revolving account that could go up to half a million dollars as frugal and as a standard way of doing ....

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