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Detailed text transcripts for TV channel - MSNBC - 20120830:23:35:00

That s not something i say about paul ryan s budget which is viable. if you follow romney s numbers all the way to the end, they just end up looking like a fantasy. on the spending side as you can see here, mr. romney says he will bring federal spending under 20% of the overall economy and cap it there by 2016. in practice, that amounts to a huge cut. over the next ten years it is a cut of almost $2 trillion more than is even in paul ryan s budget. so mr. romney s budget is way more severe on the spending side than mr. ryan s. and mr. romney says he will do that $7 trillion cut without touching medicare, without touching social security, and while increasing spending on defense by about a trillion dollars. it s like the ryan budget on steroids. here s what that means in actual raw numbers from the government. for mitt romney to keep his promise to limit spending he s have to cut every program that is not medicare, social security or defense by 57% by 2016. ....

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Detailed text transcripts for TV channel - MSNBC - 20120830:23:52:00

Ineffective policies, both were unable to revive our economy and create jobs. for example, both crippled american energy production when there were better ways to develop and use our abundant energy resources. the romney plan for north america energy independence is exactly the kind of bold, visionary leadership reagan believed in and it is what we need now. the reagan presidency also teaches us that there is a better way to put americans back to work, create millions of jobs, and help every american achieve success. the reagan program of tax cuts, regulatory reform, and spending ....

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Detailed text transcripts for TV channel - MSNBC - 20120830:23:36:00

I mean everything. medicaid, food safety, education, nasa, clean energy research, pell grants, transportation, all of it. everything else the federal government does. and there is no way he s going to cut all that by 40%. on the other side, mr. romney has his tax promises. he ll extend all the bush tax cuts and cut morningal rates on top of that by another 20%. if he just does that with no other changes and that s in his budget now, it s a huge tax cut. folks in the top 1% get $130,000 off their taxes in 2016. the federal government loses $5 trillion in revenue over ten years. and at the same time it s actually a small tax increase on the poorest americans because mr. romney lets a couple of stimulus tax breaks that are progressive expire. but mr. romney says none of that will happen. he says he ll pay for his tax breaks by closing loopholes and close them in such a way that the top 1% don t pay any less than they do now. so can he do that? no, he can t. ....

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Detailed text transcripts for TV channel - MSNBC - 20120830:23:05:00

Prominent role. he s going to talk about women. that s because the campaign knows it needs to narrow the gap between women, hispanics, youth, the young vote if they re going to win. that is what he s trying to do in a large part of the speech. and he s going to speak personally about his mother. he s going to talk about how his mother ran for the senate in 1970 and this is, of course, the excerpts that they ve given to us to talk about at this hour. and in these excerpts he talks about how his mother he could still hear her say women could have as much to say about the way this great nation is run about the big decisions of the country as men. and that in that spirit, she would be so proud to see susana martinez and condoleezza rice and the other leaders, the rising republican stars. and frankly they have a lot of women to feature here. they have throughout this convention. you re going to hear others. of course the hispanic vote so important. marco rubio making that ....

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Detailed text transcripts for TV channel - MSNBC - 20120830:23:30:00

Bus. it was government that took women s right to choose. so now you re telling us that government shouldn t be involved? if government wasn t involved, we wouldn t have been discriminated against. it was legal, everything they did to us. so i think that a lot of it is they re tone deaf to the reality of a lot of americans, white and black, who are not trying to get rich or successful. who are trying to survive the recession they caused. there is an interesting continuum on one side people worried about the sensitivities of rich people which maybe rich people are going to be talked about in a way that makes them uncomfortable and the sensitivities of other people never getting discussed. tonight is obviously poetry and big speech night. but tonight is also pros. and the pros, the policy as it were, has a stalker. and the stalker is named ezra klein. he s coming up next talking policy on what we will likely hear from mitt romney on economics and what it means. you re watching msnbc s ....

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