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Detailed text transcripts for TV channel - MSNBC - 20120214:05:04:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120214:05:04:00

Brought them there and because of the recession. but as the economy recovers, takes will come back, too. budget experts say get back to 17.9% of gdp if we keep the bush tax cuts and let the economy come back. if that happens our deficits will be huge. huge. so we have to do something. but mitt romney and president obama have very, very, very different ideas as to what to do and who should pay for it. obama's budget wants to raise taxes on the rich by $1.5 trillion. taxes rise to 19.2% of gdp. romney wants to cut taxes furth further. his plan would extend the bush tax cuts and reduce taxes on t...

Detailed text transcripts for TV channel - MSNBC - 20120214:09:04:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120214:09:04:00

But as the economy recovers, takes will come back, too. budget experts say get back to 17.9% of gdp if we keep the bush tax cuts and let the economy come back. if that happens our deficits will be huge. huge. so we have to do something. but mitt romney and president obama have very very very different ideas as to what to do and who should pay for it. obama's budget wants to raise taxes on the rich by $1.5 trillion. taxes rise to 19.2% of gdp. romney wants to cut taxes further, would extend the bush tax cuts and reduce taxes on the rich. taxes would fall to about 17% of gdp. but what is interes...