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Detailed text transcripts for TV channel - MSNBC - 20110411:20:36:00

Paid down the road. >> so you think you can tax up to 23% of gdp? because thats what obamas budget from earlier in the year forecast. >> of course not. go ahead. >> maybe it could, i wouldnt recommend that. but the point is there is $650 billion of temporary tax cuts expiring over the next few years. most of those expirations should be allowed to occur. if they were, we would still have taxes under 20% of gdp and we have to cut a lot of spending too, because spending is at 24%. >> youre a democr...
Shouldnt Obama Tax Cuts 50 Billion 650 Billion David Stockman Sam In

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