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Detailed text transcripts for TV channel - CNN - 20120107:14:31:00

money smarts. let s begin with politics. when it comes to the gop, here s the bottom line. they want to cut taxes, they really want to cut taxes. they all want to repeal what they call obama care, the president s health care plan, and they want to shrink government. ron paul, his plan is really the most extreme. he doesn t just want to shrink government, guys, he wants to shut it down, a third of it to be exact. he wants to slash 440,000 federal government jobs, and eventually ron paul says he would like to be the ones to turn off the lights for good at the irs. mitt romney says america has to live within its means, and this week he even said no one, not even 7-foot tall burns would be spared. we re not going to keep spending money we don t have. the national endowment for the arts, the national endowment for the humanities, pbs, they all got money from the government. maybe big bird needs to have advertisers. i m not going to keep borrowing and borrowing and putting

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