Detailed text transcripts for TV channel - CNN - 20110214:23:12:00
Simpson is right. unless you deal with medicare and medicaid, social security and defense, you're not going to get there in terms of trimming this and getting the nation's finances under control. >> privately, david, white house administration official would acknowledge we do need to have an dut conversation. are they abdicating the responsibility to lead right now on this issue? >> there is a powerful argumenting inning that -- on the side of where is the leadership. we are accustomed to presidents now putting the budget out there and then congress responding. in this case, the president, whi...
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