Detailed text transcripts for TV channel - MSNBC - 20120718:16:28:00
To spur growth is a tax cut. it hasn't worked for three years. it didn't work in 2001 when they were a much broader base. this is part and parcel of that. >> why not double down on a failing theory, though? >> why not. it will trickle down. >> we should note the house is expected to vote today on the sequestration transparency act of 2012. >> wow. wow. >> stay tuned for that. coming up, want some good news? don't ask ben bernanke. the fed chief's latest gloomy forecast and that looming fiscal cliff, next. ♪ ♪ i want to go ♪ i want to win [ breathes deeply ] ♪ this is where the dream ...