Detailed text transcripts for TV channel - CNN - 20101016:00

Detailed text transcripts for TV channel - CNN - 20101016:00:22:00

did. >> it is the ponzi scheme. that's the problem. >> that's the problem. complexity is not a bug for wall street. it is a feature. they're hiding behind complexity. so the fact that it is so hard to regulate them is not an accident, it is intended. >> your tax cuts extending them for the rich as arianna said would add a trillion dollars every year to deficit. where are you going to cut? >> the four years after those terrible bush taxes for the rich we had the biggest revenue gains in the history of the united states. the way to get the economy going is to keep tax rates low. i don't want to have america look like new york. i want america to look like texas, which is booming right now. >> oh, my goodness. now you're getting my heart pounding faster. >> i knew that would get you. >> but, steve, would you agree that the easiest way to actually get jobs at the moment would be a payroll tax holidaidaholiday. wouldn't that be more effective? >> i have no problem with that. >> can we agree the next step would be to repeal obama care?

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