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...