Detailed text transcripts for TV channel - MSNBC - 20131129:15:18:00
We have spiraling increases in deficits. two-thirds of our budget is mandated programs. so right now they're only talking about one-third of our spending. that's really not going to fix the problem. unless we are serious about fixing the problem, whether you talk to peter orzak, who is mr. obama's budget writer or erskine bowles or paul ryan or anyone else, they'll tell you that we are on a trajectory to collapse financially. and i hope at some point that we get serious about addressing these big issues. >> serious enough to put together to offer the american people by the deadline of december...