Detailed text transcripts for TV channel - MSNBC - 20120803:02:52:00
Congress is like an alcoholic who has a problem and needs to fix it. >> he thinks congress is an alcoholic who hasn't hit bottom yet and he says grover norquist is the bartender. he talked about the plan which reduces income tax rates but finds other ways to increase re knew through taxation. when congressman latourette supported simpson bbowles, he got a call from congress's bar tender. >> when we rolled it out, grover norquist called me an said you're raising taxes $2 trillion. he said we don't look at individual tax rates. we look at the aggregate of tax revenue versus gdp. and i said crap,...