Detailed text transcripts for TV channel - MSNBC - 20130220:12:10:00
For over this past year that were passed. so why are the tax increases not going to drain -- be a drain on gdp, but these cuts will be? >> well, i think it's the combination. it's not just the sequestration. it's the other fiscal fights that we've had and that we're going to have. so it's this combination. and uncertainty of this kind is very bad, as you know, for all kinds of business investment and for consumer decisions. that's going to have a knock-on effect on employment. employers have been very reluctant to take people back on since 2008. so we're compounding those problems in a way tha...