Detailed text transcripts for TV channel - MSNBC - 20121209:19:12:00
>> congressman, what do you say about that? >> let me tell you what the republican goal is, is to solve the problem, economic problem. and look, the numbers don't lie. we are two months into this fiscal year. we already have a $292 billion deficit. but in those two months, revenues have increased by 10%. $30 billion. you only get $31 billion in the first year when you raise those two rates. but you know what the problem is? we increased spending by 16%, $87 billion. this is more about a spending problem, not a taxing problem. and that's the problem with washington. >> first of all, congressman...