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Detailed text transcripts for TV channel - MSNBC - 20120814:06:50:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120814:06:50:00

Welcome back to "hardball." until this weekend, few outside capitol hill had ever heard of the ryan budget, but the ryan budget, but now it's front and center to understanding the nominee, paul ryan. it substantially restructures medicare, taking the security out of a program that is hugely popular with seniors. it cuts medicaid, food stamps, transportation, also infrastructure programs and all of the safety net programs for the poor. it reduces the taxes on the wealthiest people from 35% to 25%, and getting rid entirely of the capital gains tax. the ryan plan won't even balance the budget des...

Detailed text transcripts for TV channel - MSNBC - 20120813:23:50:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120813:23:50:00

Restructures medicare taking the security out of a program that's hugely popular with seniors. it cuts medicaid, food stamps, transportation, also infrastructure programs and all the safety net programs to the poor. it the poor. it reduces the taxes on the wealthiest people from 35% to 25%, and getting rid entirely of the capital gains tax. the ryan plan won't even balance the budget despite all of the shifting breaks to the wealthy until the year 2040. steven moore and jeff sacks, let me ask you gentlemen to take a look here. how is this ryan plan going to succeed in shifting all this fiscal ...

Detailed text transcripts for TV channel - MSNBC - 20120813:21:51:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120813:21:51:00

The ryan plan won't help the budget until 2040. let me ask you gentlemen just to take a look here. how is this ryan plan going to succeed in shifting all this fiscal policy towards tax breaks for the wealthy away from the entitlement programs without hurting the people who benefit from those programs? steven? >> i don't agree with a single one of those characterizations of the plan you put up. for example, talk about tax cuts for the rich. as you know, chris, this is a 20% across the board reduction. so everybody gets a cut. >> that's romney. ryan is for a 35%, 25% for the top bract. you corre...