Detailed text transcripts for TV channel - MSNBC - 20121129:11:30:00
Democrats will say that's the paul ryan precedent, that in his medicare plan, the vast majority of all changes take place a decade from now. so republicans are going to have to swallow a tax increase today for medicare cuts on a faraway tomorrow. and as far as what those tax cuts look like, there's going to be a tax rate increase, certainly in the short term. and if you just look at the -- there's an article you can link to our piece today, just look at the top 20 loopholes in deductions. and it shows that it's virtually impossible to close or change any of the most expensive ones. so you're p...
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