Detailed text transcripts for TV channel - MSNBC - 20121209:21:49:00
We have one house. that's it. a lot of people are putting forth a theory. i actually think it has merit, when you give the president the 2% increase that he's talking about, the rate increase on the top 2%. all of the sudden, the shift goes back to entitlements. >> is that what happens, dave? >> you've heard that described in some quarters as a doomsday strategy, although it's quite good for republicans. they would basically punt, like he described it, on tax rates and say that in january, now that we've given you what you campaigned nont eed on in two e. they think they have a better argument...
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