Detailed text transcripts for TV channel - MSNBC - 20130102:15:45:00
Good to see you and happy new year. >> happy new year. >> lawmakers and president obama allowed the payroll tax cut to expire. that's something that hits 160 million americans. what kind of money are we talking about? >> we're talking about a thousand dollars for an average family who makes about $50,000 a year. it's something that will come out of their pocketbook steadily through the course of the year. remember, this is something that has really not been stressed during the course of this fiscal cliff debate because this pay row tax break has become increasingly unpopular in congress becaus...
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