Detailed text transcripts for TV channel - MSNBC - 20121208:12:56:00
Run up $7 trillion in deficits. he's averaged a deficit of 9% of gdp. george bush was 2% to 3% of gdp. so, you know, i think the discussion is is it really a tax problem or a tax and a spending problem? if we agree it is spending, let's start to talk about some of the spending. >> where will the compromise come, though? is there room to compromise on the tax percentage, or if you do the sliding scale and move it from the 250,000 benchmark to 500,000 income earnings benchmark. >> i think the discussion the speaker advanced which matches what the president talked about in terms of his campaign o...
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