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Detailed text transcripts for TV channel - MSNBC - 20111121:07:07:00

recession. and he s right. that impairs job creation by taking more money from the very people, primarily small business folks, who will create most of the jobs coming out of the recession. let me ask you this, is there any potential deal that s still possible, even if it s smaller? well, as i said, after wringing out the larger deals that tried to focus on entitlement reform, on tax reform, so we could have more of a pro-growth economy, we finally said, is there anything that our democratic friends would be willing to cut? and we turned back to those items that we had discussed and had pretty good agreement on. but they weren t even willing to reduce that spending unless we also increased taxes. and as i said, they didn t want to do the revenue increases the way the toomey plan, as it was called senator toomey. would have provided. the reason we did it that way was so that it wouldn t affect the tax code that goes right to business decisions, investment decisions. leave th

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