Detailed text transcripts for TV channel - MSNBC - 20140103:

Detailed text transcripts for TV channel - MSNBC - 20140103:16:25:00

legislation to temporarily restore those but republicans say the three-month extension would add to the deficit is not offset by cuts elsewhere in the budget. thomas perez says historically that hasn't always been the case. >> when ronald reagan extended emergency unemployment benefits in the recession of '81, you know, the republicans in congress weren't demanding an offset. when george bush did this in 2008, that wasn't the demand. the people who are getting this money, they're not investing in some offshore bank account, they're spending it on the basic necessities of life. >> i'm joined now by congressman chris van hollen from maryland, the top democrat on the house budget committee. sir, it's great to see you. as we start out with the words of harry reid calling the house a black hole of legislation, first he's got the uphill climb of getting it passed on the senate side but do you think there's the appetite in the house to get this done? >> well, happy new year, thomas.

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