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Detailed text transcripts for TV channel - MSNBC - 20111201:14:10:00

a lot of things that seem to important today aren t going to be important a year from now when we re focused on the different platforms and ideas. this is truly an election about ideas and governing philosophies. now, governor, you brought up the issue of the government spending as a percent of gdp. but revenues as apercent of gdp are at lowest levels in some 16 years, below 50%. that s an issue, too. is it all spending cuts? you re not for any sort of way to raise revenues, potentially having to increase some amount of taxes that come into the government system? it s one thing to cut, but you can t cut all the way down if you do a historical average, 18%. don t you need a little bit of both? well, three things. one, you re absolutely right that revenues are down. the best way to get revenues back up, you look at the independent forecast like cbo. the best way to get revenues back up to their historic norms is for the economy to be growing again. we re at almost record 9% unemplo

Detailed text transcripts for TV channel - MSNBC - 20111201:14:03:00

have faded on their own. is there enough time for gingrich to do that as well? romney isn t the only rival getting into it with gingrich and that makes the romney campaign smile. his reputation for going after people who disagree with him was on full display yesterday after michele bachmann called his immigration position amnesty. some people are challenged, you know? and it s unfortunate. i don t a student who couldn t figure out where things were or what things were or what the right date was. speaker gingrich was a professor and professors don t like to be challenged, but he would have to answer why the textbook that he wrote, which is the letter to the wall street journal in 2004, he would have to be the one to explain why it s inaccurate. he said that he favored president bush s comprehensive immigration reform bill, which was commonly called an amnesty proposal. interesting there. bachmann calling newt a professor. the professor calling bachmann a

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