Detailed text transcripts for TV channel - CNN - 20110415:06:12:00
>> david, does having that political argument really solve the nation's deficit problem, the budget problem? does demagoguing them on medicare, it works politically perhaps, but does it work for getting stuff done? >> it doesn't -- i think because the politics of the 2012 were so ever present in all this, i think the chances have gone high now that we will not get entitlement reform and we won't get a serious reform of taxes until after the 2012 election. to me the question is, are we going to find ways to extend the debt ceiling and get a budget for 2012? are there more modest compromises tha...