Detailed text transcripts for TV channel - MSNBC - 20121201:12:35:00
Then there would be some other increases in taxes on investment income, again for people above people making more than $250,000, and also some capping of deductions. so there's a, you know, a couple different ways that those will be reached. but the bulk of that does come through raising taxes on the top 2%. >> how about the $400 billion in entitlement savings. where is that supposed to come from? >> that's supposed to come from cuts in payments to providers, like doctors and hospitals. and it should be noted, too, that this proposal that the president put forward isn't necessarily something n...