Detailed text transcripts for TV channel - MSNBC - 20110720:20:05:00
Terms of how we raise revenue. i fear those revenue raises may come from working families. >> and at the end of the day, we are currently -- i said this to the panel a couple days ago. why don't we restructure the desert? we restructured the debt after 1945, had a largely public -- you know what we got? world war ii. at the end of the day we are restructuring the dead. we're doing it on the back of the weakest and least represented. there's a debt restructuring under way. fair? >> that's right. what will happen is when the wealthy are doing phenomenally well and effective tax rates are the low...
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