Detailed text transcripts for TV channel - MSNBC - 20120411:08:14:00
Versus what the situation was 11 years ago? >> the impact is for, for the first part, $4 trillion in debt. i think it's important to say, that nobody has seriously put on the table, specific spending cuts that equal $4 trillion. that's what you would need to do to climb out the hole you're creating. for republicans who say the whole question is deficit, that's what's holding the economy back, if you extend the bush tax cuts, you dug a $4 trillion hole for yourself that you need to get out of. the second bit is that problems bush tax cuts were there to solve whether or not you think they work, ...
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