Detailed text transcripts for TV channel - MSNBC - 20121230:13:45:00
Moody's estimated .6% of g. the p eredux. if you talk about the sequester cuts that everyone wants to avoid, that's about $110 billion in 2013. the payroll tax cut is about $115 billion. that's money that comes out of people's paychecks. money people say has a lot of bang for the buck. it's money that appears when you were going to go out and spend it. it's not something you have to calculate how much in taxes am i going to pay? how much money do i have to spend? it's stuff that does spend out pretty quickly. >> and sometimes maybe it's good to take a step back and appreciate what the payroll ...
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