Detailed text transcripts for TV channel - MSNBC - 20121207:07:07:00
This is kind of a high risk game, i believe, for boehner right now. >> is there any deal that wouldn't explode the tea party? >> well, yeah. >> what would be the deal? >> the deal that wouldn't explode it is if you cut a lot of spending and you don't all of a sudden raise taxes to a higher tax rate. i think they would be fine getting rid of some of the loopholes, but if this goes to where it's just higher tax rates on the rich and very little spending cuts, they little reform, i think there will be huge outrage. >> how about a sizable adjustment in entitlements, a big -- billions of dollars in...