Detailed text transcripts for TV channel - MSNBC - 20091008:17:34:00 : vimarsana.com

Detailed text transcripts for TV channel - MSNBC - 20091008:17:34:00

that's like if you had maxed out on your credit card, you are, you had back payments on your house and you decide, well, i'm just going to go out and buy a massive new tv. >> but, senator, the cbo says it will actually save $81 billion over ten years. so they give it far more credit, it's a nonpartisan expert group of economists. you're challenging their numbers or just politics won't permit this to happen? >> what i'm saying is that it might be deficit neutral under the scoring system they use and i think as i mentioned earlier it is hard to believe that congress will raise taxes by $500 billion and even giving them that benefit of the doubt, even though it might be deficit neutral under those terms, it's a massive expansion in the size of the government, which will take resources that might be used, for example, to pay down the debt and make us more fiscally responsible and, instead, use them to try to finance a brand-new entitlement which doesn't even accomplish

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