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Detailed text transcripts for TV channel - MSNBC - 20121205:11:48:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121205:11:48:00

Clown all in the span of a generation. when we think of great congressional leaders, we think of powerful politicians like lbj, the master of the senate, or house speakers like sam raburn, tip o'neill or even newt gingrich. all of these leaders had much, much more leverage than boehner." wow! ouch! >> nancy pelosi was a powerful speaker. what's happened? why is john boehner a feckless herder of cats, in your words? >> i think some want to say that boehner is weak or that the republican freshmen are too fringy. i think there's a culmination of a few factors. one, speakers used to have the earma...

Detailed text transcripts for TV channel - MSNBC - 20121205:11:17:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121205:11:17:00

And, again, all due respect, he couldn't be any more wrong. he said, you don't get this done by sitting in a room. yes, you do. yes, you do. you're a businessman. you know. that's how you get the deal done. what can you live with? >> i think the problem, though, that the president may have been alluding to is everything we've just been saying, for him to sit in a room with john boehner doesn't necessarily get the deal done because john boehner doesn't necessarily speak for enough republicans. >> john boehner knows what he can get from his congress and what he can't, right? >> yes. and i think ...

Detailed text transcripts for TV channel - MSNBC - 20121205:12:15:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121205:12:15:00

Do what jim demint did? and that's what i did when i was in congress. >> i think that actually helps boehner. >> why does it help painer? >> because he's drawn a line in the sand for the fiscal conservatives. and it communicates to both the white house and boehner, here's how far you can go. the other side of that is is the proposal that was offered to the president had all these signatures of all the leadership plus paul ryan coming back. so what boehner's done is said here's, we're as a team including paul ryan, suggesting this. what you have is some firming up on the conservative side, whic...

Detailed text transcripts for TV channel - MSNBC - 20121205:11:14:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121205:11:14:00

To be in the middle because they're starting from these positions. i have a feeling that when a deal is done -- and i think one will get done, barnicle, i know you're a pessimist, i'm an optimist -- they're going to raise that $250,000. that will be a gift to the republicans. and then maybe we'll see reducing mortgage interest deductions from $1 million, which is how much you can deduct now, to $750,000. it will be somewhere in the middle between those two things. >> second homes, and there's a lot of running room there, you're right. i think one of the problems here is that you don't have rel...

Detailed text transcripts for TV channel - MSNBC - 20121205:12:04:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121205:12:04:00

Debt we have. and unless, in my estimation, a lot of economists, you're not going to put us on a path to prosperity unless you take about $9 trillion out over the next ten years. and we're barely talking $4 trillion. >> yeah, nobody's talking $9 trillion. >> yeah. and $9 trillion is the only thing that actually solves this. so we're sitting here as a country, we have made commitments that have to be rearranged and made more efficient. we have a tax structure that is subpar to what we need for our economy in terms of our historical averages. and nobody's talking long run. everybody's talking de...