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Detailed text transcripts for TV channel - MSNBC - 20110804:22:51:00

up and really want to take medicare and medicaid and social security in these entitlement programs off the table. one of the problems i think for democrats is that you did have while president obama really talk about perhaps putting medicaid and medicare and social security on the table during these debt limit debates. he proposed putting you know, 650 billion in entitlement cuts on table. in some kays you almost he expect that republicans will say, well president obama said these things should be on the table. that s what we will look at. we will see at that point whether he is saying put it on the table it end it. i think as we have heard from his representatives on the show, that they are saying that those that need them could not be heard. let me ask you this, matt, the republicans didn t get the message from that new york race, that to even bother this, to even talk about bothering these

Detailed text transcripts for TV channel - MSNBC - 20110804:22:49:00

check out what eric can tor told the wall street journal. get the fiscal house in order. come to grips that promises have been made that frankly won t be kept for many. promises are not going to be kept. generations of americans have banked on the fact that medicare and social security will get them through retirement. they will not admit they will default on that promise. that quote right there gets two big issues i think and one is it gets to problem republicans were having before the whole debt ceiling issue came to a head. that s when they were proposing the paul ryan overhaul of medicare that turned into a voucher program. you saw how poisonous and unpopular that was. it cost them a special election that they should have won. if that s the language they put forward is causes them problems. but the more immediate issue is how do democrats respond to that? what cantor laid out is what the

Detailed text transcripts for TV channel - MSNBC - 20110804:22:05:00

you missed your colleagues. don t you understand that some of your colleagues in the tea party caucus and some of your colleagues there in the congress feel the way to inspire consumers is to cut the safety net, not generate jobs, threaten social security and throw in threatening mad med cade or medicare. that certainly makes people go out and shop and buy things. reverend were you re right. if there was uncertainty generated the last two months, it is exactly what you re talking about. instead of focusing on policies we can take now to try and spur greater demand. for example, the republican transportation plan that they ve got under the house of representatives would cut, cut our transportation investment by 33% compared to last year. that s less money going to roads, bridges, and that means less jobs and that means less consumer demand. we need to do things that will encourage consumer demand.

Detailed text transcripts for TV channel - MSNBC - 20110804:22:53:00

problem is that y all are breaking promises and lying to grandma, you just live to long. you should have died at 57. let s talk about means testing which is part of the plan. this is something i hope we could agree on reverend al. if you re a millionaire, i don t think you should be getting checks from the federal government for social security or medicare. why can t we just come together and agree on that? that people who are millionaires shouldn t be getting social security. that s the type of entitlement reform we can agree on. but dem krts oppose that. you know what the problem with that is, steve? i may not even have a problem with what he is saying there, my problem is you don t want millionaires to get a check but you want them not to have to pay taxes at a rate that their secretaries pay. something strange about how you want millionaires to not get nothing here but get a bigger break there. any millionaire in the world would say keep your check, even

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