Detailed text transcripts for TV channel - MSNBC - 20130103:07:14:00
The two men whose names have become synonymous with fix the country's fiscal problems are calling the fiscal cliff a missed opportunity. the cochairs of the president's commission on deficit reduction released a statement saying in part, the deal approved today is truly a missed opportunity to do something big to reduce our long-term fiscal problems. but it's a small step forward in our efforts to reduce the federal deficit. washington missed this magic moment to do something big to reduce the deficit, reform our tax code, and fix our entitlement programs. we'll be right back.