Detailed text transcripts for TV channel - CNN - 20110416:08

Detailed text transcripts for TV channel - CNN - 20110416:08:08:00

ratings. today gallup, three-day running average, 46% approval, lowest in six months. >> eliot, your proposal, essentially tax reform, something the deficit commission has talked about. it's clearly a way out of this. i think, you know, the problem in that solution is the american public doesn't want to lose its home mortgage deductions or its charitable deductions, and you know, so maybe there's a way to skew that toward the wealthy and the wealthy would lose their deductions since they itemize. you know, there might be a solution there. but right now there's such bad blood they just have to get past the debt ceiling. >> i think you're both exactly right. the political lines are rigid. the conceptual framework is there, only if you have chemistry between the parties and each brings a willingness to compromise. david, social security is off the table on both sides.

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