Detailed text transcripts for TV channel - MSNBC - 20120908:11:55:00
Deal. >> what would be the least congress can do to avoid falling off the fiscal cliff. >> at the end of the year we face a very serious moment. the tax cuts are going to expire. the super committee is going to hit with across the board-cuts. i say this as someone very worried about the deficit but it would do too much too quickly in frafrmgly stupid deficits. abrupt and across the board tax rate hikes which ben bernankend the congressional office, numerous outside experts have said would put us right into recession. so we cannot go off that cliff. on the other side -- >> i did want to say to ...