Detailed text transcripts for TV channel - MSNBC - 20111216:

Detailed text transcripts for TV channel - MSNBC - 20111216:21:03:00

quo caucus. there are a wide array of special interest groups that benefit from doing business as usual. that's simply indefensible. you look, for example, just at the failure of the super committee, as a result of the failure of the super committee, there are going to be additional reductions in medicare or spending. so we've got to say, this can't be put off any longer. i think this is an opportunity to make some basic kinds of changes. and when i look at this program, there are some obvious kinds of opportunities. for example, congressman ryan has agreed to support something i feel very strongly about, and that is to cap the catastrophic expenses that senior citizens face under medicare. that's not there today. that's an improvement in the program. >> matt miller, who is a panelist and a guest host on this show, wrote of your proposal the following. he said, referred to the wyden/ryan proposal, "this is the most fascinating policy and

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