Detailed text transcripts for TV channel - MSNBC - 20110419:00:05:00
However, the budget passed by the house republicans would lower the tax rate on the top tax bracket from 35% to 25%. that puts house republicans at odds with former federal reserve chairman alan greenspan. >> i think this crisis is so imminent and so difficult that i think we have to allow the so-called bush tax cuts all to expire. that is a very big number, but having put the rates back to where they were in the clinton administration, i would argue that everything else should be either cutting spending or taking out the subsidies which are in the tax expenditures. >> joining me now is eugene...