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Detailed text transcripts for TV channel - MSNBC - 20140109:03:33:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20140109:03:33:00

>> what i am proposing today is the most fundamental change to how the federal government fights poverty and encourages upward mobility since president johnson first conceived the war on poverty 50 years ago today. i am proposing that we turn over washington's anti-poverty programs and the trillions that are spent on them to the states. our anti-poverty program should be replaced with a revenue neutral flex fund. we will streamline most of our existing federal anti-poverty fund into a single agency. then each year these flex funds would be transferred to the states so they can design and fund ...

Detailed text transcripts for TV channel - MSNBC - 20140109:06:34:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20140109:06:34:00

Folks at the bottom end of the income scale have getting higher up on that scale. and often times, republicans won't even engage on those issues. i think they've kind of been pushed in that direction. so i was glad to hear him talk about that in his diagnosis. his prescriptions i felt were way off point and antithetical, really, to the goals he's articulating. by the way, this revenue neutral flex fund stuff, that's a block grant. that means that instead of the federal government being able to ramp up its response to recessions, as we just saw, and was so important, as you mentioned in your in...

Detailed text transcripts for TV channel - MSNBC - 20140109:06:33:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20140109:06:33:00

Johnson first conceived the war on poverty 50 years ago today. i am proposing that we turn over washington's anti-poverty programs and the trillions that are spent on them to the states. our anti-poverty program should be replaced with a revenue neutral flex fund. we will streamline most of our existing federal anti-poverty fund into a single agency. then each year these flex funds would be transferred to the states so they can design and fund creative initiatives that address the factors behind inequality of opportunity. >> joining me now, jared bernstein on budget and policy priorities. they...