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Detailed text transcripts for TV channel - MSNBC - 20121231:01:23:00

they will not, under any circumstance, no matter what republicans do, negotiate over the debt ceiling again. they ll break the habit now. if we go to the debt ceiling they ll say we re not talking about this, if you want to have a deal on entitlements, that will have to be matched one to one with tax increases, again, with tax reform. if they do that say democrats get $600 billion in tax increases off of the deal we ll have in the next couple of days, the small deal, reid s or mcconnell/reid deal they go to another entitlement cut tax reform negotiation they could end up with over a trillion dollar in taxes. republicans just think if they go over they won t have to worry about tax increases again and debt ceil willing give them all of the power in a month and a half. this is i mean none of us knows what s going to happen over the next 28 hours or so. but what s your sense of it? at least a narrow deal? i think there will be within the next week a deal on the

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