Detailed text transcripts for TV channel - MSNBC - 20121102:13:13:00
Ingredient here? >> here is the good and the bad news, chuck. there's one missing ingredient and that is for the next president and the next congress to nail down some of the fiscal issues, scaling back the cliff, the debt ceiling, laying out a path to fiscal sustainability. the deficit reduction we need in the long run is to stablize the nation's debt load. what we need to do is very clear. that is the good news. the bad news is we have to execute on that. that will be difficult. that's why i think over the next three to six months as we work through these issues the numbers could be softer t...