Detailed text transcripts for TV channel - CNN - 20110514:17:12:00
Changes? how urgent is it that we actually tackle this? i'll tell you the reason i'm asking. people say this is a republican scare tactic. >> what's the republican scare tactic? >> that this debt is the biggest economic problem we face. >> it's a math scare tactic. a lot of nonpartisan deficit experts say this is a problem. they want to start sooner rather than later not because we can't make it at 2020 without making any changes. we probably can but we don't know what the consequence will be. we want to make changes sooner rather than later to give people more time to prepare and reduce the m...