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Detailed text transcripts for TV channel - MSNBC - 20121210:09:13:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121210:09:13:00

New spend list in that added more than just the top two rates' worth in the first year. that's the problem with washington. >> and i want to get to the spending and the entitlement question in just a moment, but i want to stay on tax rates for one minute. congressman, there are members of your own party who are saying privately, some publicly, just fold on the tax rates so that conservatives can get a better deal. just this week on "morning joe" on msnbc, here is tom coburn, republican conservative from oklahoma, and this is what he had to say. >> personally, i know we have to raise revenue. i...

Detailed text transcripts for TV channel - MSNBC - 20121209:19:13:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121209:19:13:00

New first cal year, you have achieved $30 billion more in revenue, but 16% increase in spending. it is a spending problem. and the president wants to increase taxes to continue the spending. he proposed a plan that put a new spend list in that added more than just the top two rates' worth in the first year. that's the problem with washington. >> and i want to get to the spending and the entitlement question in just a moment, but i want to stay on tax rates for one minute. congressman, there are members of your own party who are saying privately, some publicly, just fold on the tax rates so tha...

Detailed text transcripts for TV channel - MSNBC - 20121210:07:12:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20121210:07:12:00

We are two months into this fiscal year. we already have a $292 billion deficit. but in those two months, revenues have increased by 10%. $30 billion. you only get $31 billion in the first year when you raise those two rates. but you know what the problem is? we increased spending by 16%, $87 billion. this is more about a spending problem, not a taxing problem. and that's the problem with washington. >> first of all, congressman, you threw out a number there, there are a lot of numbers that can confuse people. you talk about $31 billion. the reality is, over 10 years, based on documents i have...