Detailed text transcripts for TV channel - MSNBC - 20110411:08:19:00
Longer be an open-ended entitlement, which we'll talk about. medicaid would also be changed. it would become a block grant to states. $750 billion cut over ten years. taxes. the bush tax cuts would be made permanent, something you know the president opposes. and for individuals, the top rate would be cut to 25% from 35%. now, you can expect that democrats would come out -- >> sure. >> -- and oppose this. and to your mind, even demagogue it. but here was a response from erskine bowles and allan simpson, co-chairs of the bipartisan debt commission -- >> they're friends of mine. >> this is what t...