Detailed text transcripts for TV channel - MSNBC - 20100726:13:49:00
Something like a one fourth of the increase in the first year, three forurths and then the ful tax hike by the third year and cost somewhere close to $50 billion to $60 billion and would be prudent. of course, that's based on my judgment that the economic recovery is still very fragile, that we shouldn't take that gamble. >> it sounds like tim geithner, the treasury secretary, disagrees with your position on this one saying that the economy can withstand an immediate rollback of those bush tax cuts. how much will it cost if those -- if those cuts aren't rolled back? it would add to the deficit...
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