Detailed text transcripts for TV channel - MSNBC - 20121204:

Detailed text transcripts for TV channel - MSNBC - 20121204:12:13:00

>> that's what i'm asking about. >> yes, and looking at entitlements, that's where we get the long-term certainty for our middle class families that are dependent upon these programs as well as for our economy. and the republicans want -- want that kind of a deal. that is what president reagan and tip o'neill did back in the '80s. and this is our moment, our chance, and my colleagues are right there with me. we believe that we can't just keep having this debate. we might avoid this fiscal cliff, but there's going to be another one right after that. >> congresswoman, if -- let's say you get what you need, what republicans need, what conservatives like i would need if i were in your position right now, which is significant reform on medicare. which are significant cuts in defense, significant cuts in discretionary spending. some loopholes closed. if part of the deal was meeting the president halfway, say 37%

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