Detailed text transcripts for TV channel - MSNBC - 20121202:17:40:00
Clinton. >> that was a couple decades ago. >> lyndon johnson was president. it can be done. both parties are guilty. the democrats spend more money without raising taxes. you can't do those things. this is a balance sheet deal. this is not a democratic versus republican issue. the difference between the parties is how much taxes and how many cuts. you need both. we are going to be in for some rough economic times, but it's going to be two quarters. that's what's going to have to happen. i don't think the compromises will be made that need to be made. let me say something about sbiesbie entitle...
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