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Detailed text transcripts for TV channel - MSNBC - 20110126:14:20:00

country. i want to ask you about something not mentioned in the state of the union. egypt. you just came from overseas with afghanistan, but focusing on what s going on there this morning, obviously, it s unstable. the washington post this morning recommending to the president and secretary state clinton that maybe there shouldn t be knee jerk support for mubarak on this. where do you come down? all i think i can say is that egypt has been an extremely important ally of ours and we re watching these developments very carefully. beyond that, i will not comment. let s get back to one other item mentioned. i think you just mentioned. corporate tax reform. the president talked about working with republicans to lower corporate tax rates, but in the context of closing up other loop hoping that aides made clear it wouldn t result in a tax reduction.

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