Detailed text transcripts for TV channel - MSNBC - 20130112:16:01:00
So-called fiscal cliff it may soon feel like we are stuck in a fiscal re-run as we wrap our heads around the next set of economic complexities that we are facing, debt ceiling and need for revenue and spending reform and spending cuts, and while we agree that changes must be made, we differ on what needs to change. but let's be clear what is at stake, because entitlements and social insurance have been a long tradition in america. in 1945, franklin d. roosevelt signed the social security act, and before that point, elderly americans did not have the money to support themselves, and only 3% wer...