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Detailed text transcripts for TV channel - MSNBC - 20120516:14:36:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120516:14:36:00

President clinton said, yes, we absolutely need to plot a course towards a stable fiscal path, but that course should be triggered by an improving economy. so you say deficit reduction doesn't kick in until the economy is generally back on its feet, generating better growth. to put an economic trigger so we don't pre-emptively start cutting and end up with the austerity kinds of problems you see in europe. >> the president has invited the leadership of the congress, both republican and democrat to come to the white house for lunch. do you expect any conversation about the economy to be product...