Detailed text transcripts for TV channel - MSNBC - 20120608:20:02:00
I mean take a look at the number one problem facing us the long-term deficit which could reach 15$15 trillion if we don't do something about it. the answer is fairly obvious. we have to cut spending and that does mean looking at the entitlement programs. we can take money out of the entitlement programs without administering too much pain and i think seniors are bright enough to understand that when medicare was put into law, the average life expectancy was 65 today it's 85. so there has to be some changes and we can do it without administering too much pain. and on the republican side they've...