Detailed text transcripts for TV channel - MSNBC - 20130220:06:25:00

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>> jared that is the problem i think with simpson-bowles in this kind of situation. is that once they decide, hey, let's see if we can find a compromise within where the game is being played now, the game moves so fast. that -- >> well. >> it is impossible to do it. >> no one ever asked simpson-bowles to find a compromise wherein the game is being played right now. what we asked simpson-bowles to do is come up with a smart plan for deficit reduction. and by the way, there were elements of their plan that were smart. just as ezra articulated. they were very conscious in protecting low income programs. the problem is, with simpson-bowles all of that gets thrown out of the window.

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