Detailed text transcripts for TV channel - MSNBC - 20121019:00:49:00
Entitlements, spending, taxes, how do you see it? >> i hate to say this on fox, i hope i'll be allowed to leave here alive. but i don't think there's any way we can cut spending enough to make a meaningful difference. we're going to have to raise taxes on very, very rich people. people with incomes of like, say, $2 million, $3 million, $4 million a year and up and slowly, slowly, slowly move it down. $250,000 a year, that's not a rich person. >> you don't think washington just has a spending problem? >> i do not think they just have a spending problem. partly a spending problem but also a too ...