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Detailed text transcripts for TV channel - MSNBC - 20110525:20:07:00

and it goes after only way you can cut that much money is to tackle entitlements. it s a bold plan. its a s reform plan. i think republicans should embrace it on principle but the politics are dicy. now, crystal ball, i should say, matt, both parties played it mediscare. you had the republicans doing it last time in the 2010 race. crystal, you have been in the trenches, been a candidate for office and you can probably admire, from a kind of professional stance, the way that the democrat in the 26th congressional district actually pulled this off. what s your take on its kick sig ganz? what her campaign is saying is as soon as they started hitting her opponent on medicare that is when they really saw the dramatic differences in the polls. here s what s happening. on the one side, you have republicans, yes the plan was bold, i wouldn t call it serious, in the end, you are essentially dismantling the program, you are not dealing with rising health care costs, so you can t blame the am

Detailed text transcripts for TV channel - MSNBC - 20110525:20:29:00

across the country, newly minuted graduates are waving good-bye to their campus and there s some welcomed news to these real-world freshmen. employers are plan on hiring nearly 20% more college grads this year than last year. that s great. let s be honest, there was nowhere to go but up. it is the new reality for college grads. 85% of which will be moving back in with their parents this summer. don t change that room, parents. even if they do secure a job, starting salaries are $10,000 lower than they were a decade ago. and the average college kid is leaving school more than $27,000 in the hole, that s debt. 88% more than in 1993. the silver lining? my next guest says when you are finally able to strike out on your own, you ve got a list of cities you should set your compass toward. joining me now, senior editor at the atlantic and professor at

Detailed text transcripts for TV channel - MSNBC - 20110525:20:22:00

approach, is a good one. i would be happy to describe why. going from a divine benefit plan to a div fine contribution plan would leave many elderly people at great risk. the other hand, we in our budget proposed savings in health care. in the affordable care act, we achieved $200 million in the first ten years, $1 trillion the next ten years and i think we need to separate the issues. we are not going to blur the line. the fundamental structural issues are very important, but there is a lot of savings that are still things that can be talked b you are saying premium support and changing to a defined contribution is an idea kked up by democrat doic economists and supported by someone we both worked with, alice rivlin when she was head of the omb and subsequently, not the exact way put forth by paul ryan but democratic support for this idea in the past? i think it is very important to look at what the content of the line plan is.

Detailed text transcripts for TV channel - MSNBC - 20110525:20:08:00

with that plan. on the other hand, do you have democrats who have been handed this amazing political tool. if you just look at the politics of it the republican caucus forced their members to take a vote on something they know has no chance of passing, that is extremely radical that is very much outside of the mainstream and that the american people don t support. they forced them to go on the record with that when they know that it has no chance of passing. so it is a great tool for democrats. i personally think this has really setba back the debit on e budget, we were having a conversation about things, we were starting to see mom. on both sides. and now, because democrats have this political tool, they have decided that they don t want to put forth their own plan, they just want to hammer republicans over the head with this until 2012. a real formula for progress, crystal. sit tight, guys. a world away, president obama is halfway through his four-nation european tour. after a faux

Detailed text transcripts for TV channel - MSNBC - 20110525:20:23:15

Detailed text transcripts for TV channel - MSNBC - 20110525:20:23:15
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