Detailed text transcripts for TV channel - MSNBC - 20120529:11:40:00
New york times about insurance payments. that would expire at the end of this year. all this stuff expires this year. they are all thing that is would reduce the deficit. we saul may say it's a good thing but it's not. it's like driving a car at 80 miles per hour and suddenly realize you are in a 40 miles an hour zone. the effects are dramatic. in the second chart, the deficit comes down very, very dramatically to $300 billion. it's sort of a good thing. the stop line is what would happen if we did nothing. it's going to happen very, very quickly. if we look to the last chart -- >> wait, wait,...