Detailed text transcripts for TV channel - MSNBC - 20121209:21:49:00
We have one house. thats it. a lot of people are putting forth a theory. i actually think it has merit, when you give the president the 2% increase that hes talking about, the rate increase on the top 2%. all of the sudden, the shift goes back to entitlements. >> is that what happens, dave? >> youve heard that described in some quarters as a doomsday strategy, although its quite good for republicans. they would basically punt, like he described it, on tax rates and say that in january, now that ...
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