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Detailed text transcripts for TV channel - CNN - 20110215:01:20:00

In the debt commission r you surprised? it s all incremental stuff, it s jumping over the cliff stuff, but i ll tell you, it ain t going away, this is a stink bomb in the garden party and it s never going to go away. and for the first time in my memory, nobody s talking about how terrible to do a cut, it s how much do you cut? that s progress in itself. but what you did was take on the big areas what, you call the big four, medicare, medicaid, social security and defense. if you re not talking about them you re wasting time and everything we re hearing from the white house and the republicans is nondiscreationary, so they re walking around in the part that doesn t really matter that much. the real question is when the debt limit extension comes up. at that point about 40 or 50 of these guys, many of the new ones are going to say i m not voting to extend the debt limit. then they re going to say the full faith and credit of the united states will be in peril, ....

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