Detailed text transcripts for TV channel - MSNBC - 20120214:09:48:00
Republicans caving. interpretation b, democrats look out, it's a trap! so which is it? a victory for democrats or a plot by republicans? the argument for interpretation b goes like this. payroll tax cut negotiations are not just about the payroll tax cut. also about extending unemployment insurance benefits and preventing a massive cut to medicare, that for reasons frankly too inane and complex, the unemployment insurance benefits are hugely important to both the economy and unemployed. economic forecasters say we could lose as half a point of growth if they are allowed to expire. medicare fix...