Detailed text transcripts for TV channel - MSNBC - 20121113:

Detailed text transcripts for TV channel - MSNBC - 20121113:04:04:00

not raising taxes. you'd walk away on the 10-1 deal? [ applause ] >> all right. just to bring everybody up to speed, remember in 2011, republicans would not take a 10 to 1 tax cut deal. now today mitch mcconnell is willing to do a 1 to 1 deal. republicans lost all of their leverage in this election. they made a big gamble and came up empty handed. in 2011 president obama was cutting deals with john boehner on the golf course. it was very favorable for the republicans. the president agreed to more than a trillion dollars in cuts, benefit reductions of social security, raising the medicare eligibility age and actually lowering tax rates on the wealthiest americans. now in the end, republicans, what do they do? they rejected the deal. they wanted more and the way to

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