Detailed text transcripts for TV channel - MSNBC - 20121227:

Detailed text transcripts for TV channel - MSNBC - 20121227:16:34:00

get a grand bargain in the next few days, and it's starting to look like no way they can get a small deal. there's some technicalities that make it easier to reverse things after you go over. at that point, i know it sounds silly, but it's true. at that point republicans can support a deal without voting for a tax increase, in fact, because tax rates have automatically reset higher, they can say now we're voting for a big tax cut for the broad middle class. >> is that what's going to ensure that speaker boehner is not in danger is it. >> right. i mean, that's where someone earlier said, you know, he's got to figure out whether he's for the country or for his own job. in many ways he's preserving his own job by not pushing a vote by which the only way that vote would get over the legislative would be with a majority of democrats. he doesn't want to do that to preserve his job. once we go over the cliff, we can possibly do more of a bungee jump if we reverse the damage quickly. in that vote republicans don't

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