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Detailed text transcripts for TV channel - MSNBC - 20120219:15:35:00

that you earned. every dollar over that amount is exempt from social security taxes. to me, it feels like a no brainer. as a solution to all of this, raise the cap on income subject to social security taxes and voila, social security is solvent. problem solved, right? joining me now back at the table is katon dawson, senior adviser to winning future. supporting newt gingrich of he s already the former chairman of the south carolina republican party and heather beau shea, senior economist at the center for american progress. heather, i said earlier, this is a legitimate question for me. i m a political scientist. i can fix i would say don t call me a doctorment call me professor. i can t fix your medical problems. i can talk to you about all sorts of things. but this one i really want an economist to tell me. why don t we just raise the cap. why at 110, 100 why not at 200. why not 400. why not on all earning and it doesn t have to be 4.2%. it can be over the 110 cap.

Detailed text transcripts for TV channel - MSNBC - 20101229:02:55:15

Detailed text transcripts for TV channel - MSNBC - 20101229:02:55:15
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