Detailed text transcripts for TV channel - MSNBC - 20120608:11:14:00
Comment about the bush tax cuts but he also said conducting significant cuts right now could be the most harmful thing to the long-term economy, particularly when you look at europe. so how exactly to parse those two statements together? because the fact is to reduce or to make sure that we don't have significant cuts there's got to be increased revenue coming from somewhere. and i think what he is saying is when you look at international pressures, where are we going to come with that additional revenue? >> the irony is that for all the deficit talks out there, the ideal situation is do nothi...