Detailed text transcripts for TV channel - MSNBC - 20130107:

Detailed text transcripts for TV channel - MSNBC - 20130107:07:52:00

need more revenue than we got in this deal. but the other thing is we forget how much we have already done. there has been one deal after another after another that has cut spending very significantly. and that's why to say it's now only about spending and no more revenue on the table is just a big mistake. we have cut a lot. >> you would get broad widespread agreement if the revenue argument was, as simpson-bowles have suggested, a vast simplification of the tax code. this latest deal complicated the tax code. continued corporate welfare. simplify the tax code. close the hoop holes, lower the rates, you would get broad agreement. unfortunately, that has never been part of the deal. >> you're right. that's what we need to do. >> but let me come back to exactly the point that you just made. if we could -- because the media plays a major role in this mess, ok? we went through a fiscal cliff. oh, my god, i was on your show that somebody from bloomberg said -- >> don't start bashing the media here. >> it's not a question of

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