Detailed text transcripts for TV channel - MSNBC - 20110126:11:42:00
Relieved that president talked about freezing discretionary nondefense spending for five years and cutting pentagon spendsing? that's a step in the right direction, right? >> well, perhaps, but what i also heard was investment, investment, investment, which the american people know is doubling down on the stimulus every time we hear investment, what the american people know is, well, that's going out to borrow another 40 cents on the dollar, mainly from the chinese and send the bill to our children and grandchildren. joe, i did a rough back of the envelope calculation. what the president is sa...