Detailed text transcripts for TV channel - MSNBC - 20101229:

Detailed text transcripts for TV channel - MSNBC - 20101229:11:19:00

>> for republicans to step up with this debt commission and tackle middle class entitlements, tackle runaway spending, whether in the pentagon or domestic. we have to look at everything, don't we? >> absolutely . if we don't do this now -- there was a congressman who said power is being lent. we're on probation. i write in the book about why we need to tackle medicare reform right now. there was a bipartisan medicare commission he that came up with good ideas in the '90s, premium support, slow down the growth. i argued, also, we fleed to make structural changes. we need to cut nondefense discretionary spending, but the reforms we always talk about, now is the time for the republican party to lead. we can't be the party of no. we have to go to the president and say here are our ideas, go to the senate, go to the house democrats and say here are our

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