Detailed text transcripts for TV channel - MSNBC - 20110220:19:33:00
40 cents of every dollar we spend we borrow, and in 20 years from now all the money we have in revenue will go to pay the debt, nothing left for the national defense, homeland security, et cetera. so, dick, let's do something about the tax code. . let's flant it out, do away with all deductions exception hoemt interest and charitable giving. let's be bold when it comes to medicare and let's put social security on the table in a ration enamel way. like ronald reagan and tip o'neill did. there's no reason not to adjust the age. over time for people under 55 to people 69 or 70. you around i can a...