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Detailed text transcripts for TV channel - MSNBC - 20111219:20:16:00

the payroll tax extension and cracks in the foundation here again. don t forget that dean helder, a republican senator from nevada also just said that the house should pass the bill as well as a republican senator from indian a. a lot of senators should say you should move forward on this. they were privy to the pain staking negotiations it took to get the extension. they want it for a year. the reason why is they don t lineup. republicans want to cut benefits and freeze federal salaries. democrats wanted a tax on and they agreed to have higher lending fees at fannie and freddie. make no doubt about it, 90% of the senate supported this on saturday. a lot of folks thought it would be a rubber stamp. a lot of them had a different idea. there have been accusation that is the president folded on the pipeline.

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