Detailed text transcripts for TV channel - MSNBC - 20110221:09:30:00
Ate step in the right direction. it's consistent with the first two years the deficit commission recommended. we went beyond that. we said after the first two years we need a 5% reduction in the first year and half the cost of living increase reduction for the next seven years. so we do achieve more through the deficit commission. now, david, the good news is this. there are six of us, three democrats and three republicans. still meeting. looking at the deficit commission as a template or as a goal in trying to find a way to work together in a bipartisan fashion in the senate to come up with a...