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Transcripts For MSNBCW The Ed Show 20130223

0 out of control, and we need deep cuts in the entitlement programs. the figureheads for fix the debt are these guys, the austerity brothers, erskine bowles and alan simpson, and believe me, they don t have to worry about their retirement being lost or their pension or their health care. now the current issue of the nation magazine reports peter timed the launch of this new $60 million campaign to exploit the wrangling over the fiscal cliff, the debt ceiling and the sequester, the misinformation campaign has worked. a bloomberg poll on the size of america s budget deficit shows 62% of americans think the deficit is getting bigger. 28% of americans think that it s staying the same. and get this number, only 6% agree with the truth. my friends, the deficit is shrinking. the congressional budget office says the deficit is down to $845 billion. it is projected to be $600 billion less than when the president took office. americans need to break out of this misinformation loop, don t you t

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