Detailed text transcripts for TV channel - MSNBC - 20120812:18:53:00
These not a fiscal conservative he's a supply cider that says cut taxes for the richest people and sit back and watch the magic happen. that supply side magic used to be called voodoo economics. people are still suspicious that it will work especially if we're feeling like we need to get our debt and deficit under control. >> democrats always refer to it as a tax cut. but it's not a tax cut. it's designed to be revenue neutral. it's based on the template of the bowles-simpson plan which has been subject to bipartisan acclaim and the 1986 tax reform which was one of the great bipartisan accompl...