Detailed text transcripts for TV channel - MSNBC - 20121203:21:10:00
Even if you try to retroactively fix that middle of the year, the economic effects are very negative. so there's no interest i think on any party on going over the cliff. secondly, there are some cuts that go in automatically at the beginning of january that would be difficult to unravel, but you could, as ari said do, that theoretically. remember, the fiscal cliff is an idea that was put forward by republicans -- >> of course. >> as an austerity plan. i agree with ari in the sense that it's a total artifice. there's no reason why you necessarily need to have that, but railroad ama-- ari makes...
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