Detailed text transcripts for TV channel - MSNBC - 20121108:20:57:00
Before myself, and i know i will probably use it again, but i really don't like the term "facecle cliff." . it's misleading. the idea which you have already heard hundreds of times this year is the country will face a sudden traumatic crisis on january 1st unless democrats and republicans in washington come together and strike some kind of a grand bargain on taxes, spending, and the deficit. but that is not a good way to understand what we're facing here. the reality is that the cliff is really more of a slope. a gradual slope. it works like this. if nothing happens between now and the end of ...