Detailed text transcripts for TV channel - MSNBC - 20121116:20:33:00
Understanding is both sides are in agreement that we want to reinstate the payroll tax. this is a holiday we've had a couple years to help stimulate worker paychecks and mutt more money in people's pockets every week. i think that would come into effect. that will take 3% out of consumer spending in the first quarter aalone. already we have tension gengs this growth we're trying to gauge. you know, i think that if we put it out six months, at least we'll have a grand bargain or chance down the line. >> jacquek, thank you very much. >> thank you. >> that's the view from wall street. next up, th...