Detailed text transcripts for TV channel - MSNBC - 20121213:11:16:00
Not no rate increases -- >> come on. steve, like that means something? >> hold on. so he wrote that letter. the president said we're not going to move from 39%. the president -- >> no, he did not say that. >> let me finish. the president subsequently said we can meet them halfway, and boehner did not rule out a 37% number. >> no, he briefly didn't rule it out, and then he ruled it out. >> it's still on the table. >> tell people what you're saying. instead of 39.6%, we would raise the top rate to 37%. and then the second rate would be at 35%. currently the 35, 33, so we jump to 37, 35. >> right...