Detailed text transcripts for TV channel - MSNBC - 20120818:12:18:00
The first place. we've already repealed the whole bill. i just don't think they'll be able to get out of the fact. >> that doesn't -- that doesn't make any sense. >> it means nothing and very often if you get conservative wonks deep into this they start babbling. there's a theory put out by one of the medicare trust fund hounds. it's an accounts fiction so what the law says is when the trust fund runs out of money, medicare can't spend any more than it collects in taxes. you're going to see an immediate 40% cut which is never going to happen. if you assume it happens what you can say is by fol...
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