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Detailed text transcripts for TV channel - MSNBC - 20110718:11:11:00

In the end, taxpayers pay the price. first they looked dysfunctional, now incompetent. plan a cuts $3 trillion, plan b $6 trillion. how exactly do you do that? it sounds like a lot of cutting in a short period of time. let me clarify. framework a and framework b. a is to avoid a crisis. it balances the budget excludeing interest by 2014. b is reactive. if we wait for a crisis to come, you have to do more dramatic things. it balances the entire budget by 2015. they reduce gdb by 2021. the credit rating of lehman ....

In The End , Plan B , 6 Trillion , 3 Trillion , Frameworka And Frameworkb A , Budget Excludeing Interest , Credit Rating , Lehman Brothers ,

Detailed text transcripts for TV channel - MSNBC - 20110718:11:11:00

Who is going to get paid? who is not going to get paid. who is going to get laid off? who is not going to get laid off? in the end, taxpayers pay the price. first they looked dysfunctional, now incompetent. plan a cuts $3 trillion, plan b $6 trillion. how exactly do you do that? it sounds like a lot of cutting in a short period of time. let me clarify. framework a and framework b. a is to avoid a crisis. it balances the budget excludeing interest by 2014. b is reactive. if we wait for a crisis to come, you have to do more dramatic things. it balances the entire budget by 2015. they reduce gdb by 2021. ....

In The End , Plan B , 3 Trillion , 6 Trillion , Frameworka And Frameworkb A , Budget Excludeing Interest ,