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Detailed text transcripts for TV channel - MSNBC - 20120214:11:53:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120214:11:53:00

Like people to look at the numbers, a flat line, 13.9% entitlements so-called or mandatory in 2011. 14.0 in, that's his proposal, in 2020. it's not increasing. >> all right. steve. but the fact -- >> that's the proposal. >> the fact that entitlement spending as a share is growing, growing. >> as a share of total -- >> discretionary -- >> going down. >> the discretion is going down because the other stuff is going up and squeezing out the other kinds of spending that some of us view as very important spending. infrastructure, r&d, education and the like and that is why whether it's before or af...