Detailed text transcripts for TV channel - CNN - 20110415:03:13:00
On taxes, if the republican party continues to take an absolutely theological position that you simply cannot have any tax increases, and if we mean no elimination of loopholes and no elimination of deductions, then we're in -- i mean, the math doesn't work. we're taking in 18% of gdp at taxation and spending 23%. you've got to close that gap. doing it all through budget cuts is impossible. you would be talking about shredding many of these departments. >> dana? >> there is a small group, fareed, small, of republicans who aren't saying absolutely no tax increases. they are saying maybe getting...