Detailed text transcripts for TV channel - MSNBC - 20121209:19:13:00
New first cal year, you have achieved $30 billion more in revenue, but 16% increase in spending. it is a spending problem. and the president wants to increase taxes to continue the spending. he proposed a plan that put a new spend list in that added more than just the top two rates' worth in the first year. that's the problem with washington. >> and i want to get to the spending and the entitlement question in just a moment, but i want to stay on tax rates for one minute. congressman, there are members of your own party who are saying privately, some publicly, just fold on the tax rates so tha...
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