Detailed text transcripts for TV channel - MSNBC - 20120320:14:33:00
The national debt by more than $3 trillion over the next decade. instead of six tax brackets for individuals, his plan uses two. 10% for individuals, 25% for small businesses. it will also lower -- i'm sorry. it will also lower the corporate tax rate to 25%. earlier this morning msnbc's joe scarborough asked ryan if the debt will still increase with this. >> we do not have that. all right. well, let's listen for just a second to paul ryan who is live on capitol hill. >> what's coming this next year? the sec quester is coming, and a lot of people in washington would like to simply ignore this. ...