Detailed text transcripts for TV channel - MSNBC - 20120823:00:42:00
Everybody a tax cut up to $250,000, so everyone's taxes, everyone who pays taxes in this country, that first $250,000 of income, they will get the bush tax cuts. over $250,000, the clinton tax cuts, those rates will kick in. and that's why they will not go along with us. remember, they held the debt ceiling hostage, which was awful. we got a downgrade on our bonds because of it. and they're the ones who pushed this automatic spending cuts. and we could take that off the table, those automatic spending cuts, that's part of the fiscal cliff, by bringing home the money from the wars which is pres...