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Detailed text transcripts for TV channel - MSNBC - 20110414:10:40:00

when i was 18 years old in november of 1964, a freshman at georgetown, i first went to time square, i bought a steak at tad's steakhouse. i heard a guy ream his mother out, poor working woman because she had given him a highfi instead of a stereo speaker. i remember everything about it. i saw a hooker approach a man in a gray flannel suit. that's pretty heavy stuff for a guy from arkansas. look, i still have vivid memories of it. romantic, fascinating. 40 past the hour, time to reveal this week's new issue of "fortune" magazine. andy, i love this cover, twoubl twoubl -- trouble at twitter. >> you wonder how things are monetized. are they monetizing it well? what's the future? >> that's the thing.

Poor-working-woman , Guy-ream , Freshman , Steakhouse , Steak , Mother , Georgetown , Tad , Time-square , November-of-1964 , 18 , 1964

Detailed text transcripts for TV channel - MSNBC - 20110414:11:05:00

very small discussion, anyway. whether it was 38 or 61, it's only talking about discretionary domestic spending. it with a trillion 5 and deficit and $14 trillion national debt, it's nothing anyway. this was the very first discussion of a longer battle what does the next budget look like and what do we do about the debt ceiling in the future. regardless of the actual numbers, this was the first salvo, how do we cut spending? >> as a conservative guy, you agree with me, even though we republicans usually go after domestic discretionary spending first, there's no way we will take care of our debt problems by just going into the small sliver of the budget and tearing it to shred, in fact, it's counterproductive. >> absolutely. it's 12% of the budget. unless you have the guts to tell the american people you have to go after reducing entitlements in a fair and balanced way, we're never going to reduce this

Deficit , Nothing , Debt , Spending , It , 38 , 61 , 14-trillion , 4-trillion , 5 , The-peoples-budget , Numbers