Detailed text transcripts for TV channel - MSNBC - 20121216:18:22:00
We haven't been at since 1959. now, our expenses are far outside of hist toric norms and what i'm looking for in an agreement, alex, hopefully one that the president and the speaker come to where spending comes down sharply and also revenues do rise as a result of tax reform. and that's why i'm standing with and supporting the speaker in its negotiations. >> how about this, this i think it is clear the president is not going to completely back down on raising tax rates on the rich. is the gop just as steadfast in its stance on spending cuts? >> well, i don't think what threatens our country is...