Detailed text transcripts for TV channel - MSNBC - 20121127:11:34:00
Debt? >> it's a complicated one to answer. i think there are some folks -- i think the president himself believes he's going to have to cut a deal. despite what democrats say, they know they're going to put entitlement changes on the table. we're going to raise the retirement age of medicare, might fold parts of medicare into one, so you can get efficiencies. that will be on the table. there's going to be cuts. and i don't think it's a mystery about how big the tax increase is going to be. john boehner says 800 billion, the president puts down a $1.6 trillion marker. doesn't take einstein to f...