Detailed text transcripts for TV channel - MSNBC - 20100201:14:47:00
It does seem to be -- it is more sensitive. as much as everyone wants to talk about taxes and ending in washington, it seems to be more sensitive towards the economy. so if there's job growth and economic growth, well, then, all of a sudden revenues into the government are going to go up, so is basically this deficit problem part of the economic problem? >> the near-term deficit problem is very much an economic problem. they go hand in hand. because last year revenues were at their lowest level since 1951. spending was as high as it's been since 1952. the deficit's as large as it was since wor...
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