Detailed text transcripts for TV channel - MSNBC - 20110512:00:13:00
Some revenue. as you can see in the graph we've got here, the single largest policy contributor to our deficits going forward are the bush tax cuts. you extend those and you're look at $4 trillion in new debt. boehner says he wants $2 trillion in spending cuts. if you add those policies up, his cuts are double. it's important to realize that we're not having a deficit conversation on both sides here. the republicans are having a conversation about tax cuts and the size of government. and democrats are i think actually more broadly having what they think is a deficit conversation. but that's da...
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