Detailed text transcripts for TV channel - MSNBC - 20120711:05:06:00
The rich, he signed the biggest tax increase -- he raised gasoline taxes, he raised taxes on social security benefits. it's not what clinton wanted to do, raising taxes. in fact, he had campaigned for president on a middle class tax cut, a proposal he abandoned when he was faced with the awesome responsibility of governing. bill clinton did the right thing. he abandoned his campaign pandering on tax cuts, reversed his position, and raised taxes and cut spending, including medicare spending, in order to get control of the deficit. and he did it without a single republican vote. and he was attac...