programs under the theory that a rapidly growing economy is the best deficit cutter of all. he is not likely to get much sympathy from canadian prime minister harper whose conservative policies very much shielded his country from the global economic meltdown. german chancellor angela merkel planning the biggest budget cut since world war ii in an effort to save more than $100 billion over the next four years. she says she expects, quote, controversial discussions here over budget priorities. british prime minister david cameron has proposed a budget that includes higher taxes and the biggest cuts in public spending in decades. his one-on-one talks with president obama were already likely to be strained over what the brits sees a u.s. bashing of bp that has hurt the company s stock. shepard, you were talking about the world cup earlier. and it s not all business here. the president and his aides hope to see some of tomorrow s game between the u.s. and began navment and merkel and camero
Detailed text transcripts for TV channel - MSNBC - 20130312:23:06:00
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Detailed text transcripts for TV channel - MSNBC - 20130313:06:06:00
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exemplar fi fies the nation. he voted for the iraq war and there s much in ryan s record that contradicts his image as a reformer and deficit cutter that will leave him open to democrats. among other things he approved the $800 billion stimulus package and the auto bailout. i m joined. it s great to have you gentlemen here this morning. welcome. good to be here. thanks. i want to start with you. as someone who has been health care policy is something you ve put a lot of interest and something you worked on. i want to play this clip of representative ryan talking about mitt romney s massachusetts health care plan because this to me gets at something and also the ideological journey mitt romney has been on. here s representative ryan on
simplifying the tax code, what has he indicated he might favor? you just ran a sound bite from the president on npr radio. he said we need a fundamentally different approach. the president has also said we got to have tax reform, direct quote. maybe the president is going to leapfrog over the current tax debate and look towards making looking at the decifit commission s reduction of tax rates and the elimination of some tax deductions, tax deductions for both corporation and for individuals. maybe he s going to embrace radical tax reform, possibly in the state of the union message next january. if he did that, he s got a way of becoming the great deficit cutter, addressing the decifit issue, and at the same time, taking the political initiative away from the republicans. it s a possibility. lots of speculation about that. bill: refresh our memory. what did the decifit commission a week ago recommend?