Detailed text transcripts for TV channel - MSNBC - 20101212:19:57:00 : vimarsana.com

Detailed text transcripts for TV channel - MSNBC - 20101212:19:57:00

>> that's a little overstated. but i think charles is right. this is a victory for the president. it's going to help the economy by not having a huge tax increase. i don't think it will be that great a stimulus. but the economy has momentum. this assures we won't stop that momentum and send the country back into recession. it will help, no question. it also helps republicans, though, honor a campaign promise. they get to do that. a lot of republicans who aren't thrilled with this deal because they had to give up a lot. and they would love to see the house democrats defeat this. because they'll come back in january and say we'll clean up the mess. you'll be responsible for tax increases. we'll get a better deal for our voters. >> the only things that republicans really wanted coming out of this campaign -- we know what they're against, health care and a lot of things democrats did the last couple of years. the only things they wanted, they got them. so, where does the leverage come now? the estate tax, that's where the leverage was for the president on that. we gave away that and then some. >> you needed to do that in order to get some of the other --

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