Detailed text transcripts for TV channel - MSNBC - 20121213:11:13:00
Trying -- and again, i'm not cross-examining you, i'm trying to engage in simple math. $1.6 trillion -- >> $1.6 trillion in tax -- >> this looks like $600 billion in spending cuts from discretionary and mandatory. >> 350 from entitlements, 250 from other stuff. >> 600. >> right. >> that gets us to $1.2 trillion. where's the other? >> 2.2. >> 2.2. >> you've got about $1.2 trillion of cuts already enacted in 2011 that everybody agrees should be counted. this is not phony math. this is real math. you can add those back in. >> should you really, though? >> yeah. >> if you're running a business, do...
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