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Detailed text transcripts for TV channel - MSNBC - 20121202:19:05:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121202:19:05:00

Really changed? what has changed in your point of view? >> they have acknowledged for the first time in decades, i think, that revenues are going up. that's good. but we need to know what they are prepared to do on rates and revenues and on the spending side. again, we have laid out a detailed plan of spending cuts. $600 billion in spending in mandatory programs over 10 years. they phase in gradually, build over time. they are good policy. they make a lot of sense. on top of $1 trillion in spending cuts, defense and other programs enacted last year, which stay in place over 10 years. and if th...

Detailed text transcripts for TV channel - MSNBC - 20121202:19:47:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121202:19:47:00

>> the modern republican party wants less taxes and lower spending. they passed a ryan plan which reforms entitlements, reforms taxes, doesn't raise taxes. it's the democrats who don't have a legislative budget. >> make the case for why you view this the president making a truly balanced approach to not just solving this problem but really moving the economy forward. >> well, he has. and first of all, let's be clear. the way you get massive tax increases, $5 trillion tax increases, is if you go over the fiscal cliff. what the president has said, let's just ask higher income individuals to cont...

Detailed text transcripts for TV channel - MSNBC - 20121202:19:11:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121202:19:11:00

Republicans, many of whom were re-elected just like the president was re-elected in their own districts and say, look, we're going to get specific when it comes to the tax increases we want, but we'll be vague when it comes to stuff that's hard for our side, which is medicare. >> that's a misperception. we propossessed $600 billion in savings. people can take a careful look at them. what we haven't seen from the republicans is a plan to raise rates and revenues. they said they are prepared to raise revenues. but they haven't said how, how much, or who should pay, and haven't proposed what they...

Detailed text transcripts for TV channel - MSNBC - 20121202:19:17:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121202:19:17:00

>> well, what's happened now is that the president has put forward a plan. it's transparent. it's on the internet. speaker boehner needs to come forward and put his counterplan on the table right now. that's what has to happen. so when speaker boehner says we're at a stalemate, it's because he refuses to put forward other options. let's be really clear on what the president has said. he wants to extend tax relief for 100% of american families and small businesses on their first $250,000 of income. and what republicans are saying it is, nobody gets that tax relief unless folks over $250,000 get...

Detailed text transcripts for TV channel - MSNBC - 20121202:19:35:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121202:19:35:00

For our country to become solvent. >> well, we have to be careful. and you're right about this, david. what is really irresponsible, that $716 billion, that was low-hanging fruit. that was fluff in the medicare system, savings that we had to recover. and by the way, it's the same savings that was in the ryan plan. the notion that that was used as a political two-by-four in this past election was wrong. we need a mutual detante -- >> and i actually agree that the ad was not the kind of ad that i would run. i do think the $716 billion should have been used to make medicare more solvent. but what...