Detailed text transcripts for TV channel - MSNBC - 20111028:15:33:00 : vimarsana.com

Detailed text transcripts for TV channel - MSNBC - 20111028:15:33:00

rating and show the economy that the u.s. is serious about bringing down its national debt and doing something big and bold does not necessarily look like a real possibility. kr? well the battle lines have been drawn over the last few days with republicans and democrats putting forth their plans to cut the deficit. you still have a problem between taxes versus entitlements. republicans don't want a tax increase. the democratic plan has $1.3 trillion in revenue. they don't want cuts to medicare and medicaid, that's what the republicans have. >> luke, nice to see you this morning. thank you. >> you too. it was a label john kerry couldn't overcome. now republican presidential candidates are trying to make the term flipflopper synonymous with mitt romney. but do they make great presidents. we have a historian here. allen, nice to see you. >> good to see you again. >> lets get to the flipflopping,

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