Detailed text transcripts for TV channel - MSNBC - 20110118:14:21:00
States federal government is to restructure entitlement programs, eliminate waste, fraud, and abuse which has to be done. but the real issue here is the long-term entitlement and nondiscretionary autopilot spending that the government engages in. and even if we could make some reasonable steps on that front, it would send a powerful signal i think to the markets and the economy that we're going to be solvent and taking more responsible approach going forward. but the point is, everybody flaps their jaw about making tough decisions. nobody ever does. this is an opportunity, it's not a crisis, i...
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