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Detailed text transcripts for TV channel - MSNBC - 20121204:04:06:00

careful, hard look at that plan and they found no mer merit in it. this thing called the ryan plan, president obama continues to take his case to the american people who rejected the ryan plan. today he answered questions directly on twitter. one person asked, why won t keeping tax rates low across the board encourage more hires and therefore, more tax revenue? the president responded, high-end tax cuts do the least for economic growth and cost almost $ 1 trillion. extending middle class cuts boosts consumer demand and growth. the white house released a video today showing how president obama has been consistent on his message throughout the last couple of years. it was central to his campaign. we need to give tax relief to working families trying to raise their kids to keep them healthy, send them to college, keep a roof over their heads. that s the choice in this election. that s one of the reasons i m running for a second term as

Detailed text transcripts for TV channel - MSNBC - 20121204:08:05:00

nor any specifics on loopholes. give us just one loophole, mr. boehner. can t you get one? our tax code is how many thousands of pages and you can t give us one loophole? well, on tv and on paper, republicans refuse to offer details about just how they are going to get all this revenue. timothy geithner explained by the republicans can t sell the specifics of their plan. if republicans would like to go beyond these reforms, they should tell us how they want to do it. what if they were to propose the republican budget that they passed? there s no reason they are going to do that. the american people could take a careful, hard look at that plan and they found no merit in it. this thing called the ryan plan, president obama continues to take his case to the american people who rejected the ryan plan. today he answered questions directly on twitter.

Detailed text transcripts for TV channel - MSNBC - 20121204:04:35:00

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Detailed text transcripts for TV channel - MSNBC - 20121204:03:06:00

erskine bowles offered to the super committee that they are using now, for complicated reasons it it would now be worth $950 million in tax increases. so even in the kind of world of the bowles plan and muchless simpson/bowles plan, this isn t quite right there. ryan, do they think that one democrat in a world who is not in office anywhere and theoretically compromising with him even though he says, hey, that s not a workable deal, do they actually think that s a presentable step towards the president? clearly they do. you know, democrats have been kind of guilty of the same thing in the past but this is a little extra ridiculous because erskine bowles is not somebody that s just been out of operativeness for a long time. he wasn t in office. he was inoperative, but he also works for morgan stanley right now. it s not like this is some type of a new deal that says, look,

Detailed text transcripts for TV channel - MSNBC - 20121204:14:02:00

the differences between the new republican plan and what the white house proposed are stark when it comes to taxes. the gop calls for $800 million in new taxes. it s half of what the white house asked for. republicans to $67 billion. the gop plan changes how security benefits would be calculated. why he favors tax rates instead of eliminating deductions. not enough revenue. less revenue equals more cuts in education.

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