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Detailed text transcripts for TV channel - MSNBC - 20111201:10:40:00

american jobs act. while trying to shore up support in a key election battleground. in a speech, the president challenged republicans position on the payroll tax cut extension. a key part of his proposal. republicans said they re the party of tax cuts, that s what they said. a lot of them have sworn an oath to never raise taxes on anybody as long as they live. how is it that they can break their oath when it comes to raising your taxes, but not break their oath when it comes to raising taxes for wealthy people? that s the very simple choice that s facing congress right now. are you going to cut taxes for the middle class, and those who are trying to get into the middle class? or are you going to protect massive tax breaks for millionaires and billionaires, many of whom don t even want those tax breaks. congressional republicans are signaling support for the measure, with senate minority leader mitch mcconnell saying there s a majority sentiment to continue the tax breaks. democrat

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