Detailed text transcripts for TV channel - MSNBC - 20100713:02:49:00
>> how are you going to pay the $678 billion just on the tax cuts for people over making more than $200,000 a year? >> chris, you should never raise taxes in order to cut taxes. surely congress has the authority and it would be right to, if we decide we want to cut taxes to spur the economy, not to have to raise taxes in order to offset those costs. you do need to offset the cost of increased spending, and that's what republicans object to. but you should never have to offset the cost of a deliberate decision to reduce tax rates on americans. >> got that? if you increase spending in any way, y...