Detailed text transcripts for TV channel - MSNBC - 20121202:19:33:00
Is taxing the wealthy. most americans don't realize that the average family in america today pays into medicare throughout their lifetime $119,000 in today's dollars. they take out over their lifetime in today's dollars $357,000. and so the president has laid nothing out there to change that dynamic. >> on medicare, which is so interesting, because what happened the last time there were cuts that were actually enacted as part of medicare, we had a presidential campaign, and here was mitt romney's ad, targeting the president. this is what he did. >> you paid into medicare for years. every paych...