Detailed text transcripts for TV channel - MSNBC - 20130305:16:13:00

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starting point is and it's hard to start when you know where both sides don't want to give. >> april, when we look at using europe as an example, that came up briefly with congressman shipp, and we've seen the experiences they've gone through with the hasty budget cuts thing it was going to be a way to bring them back, slashing, spending, raising taxes, britain, spain, portugal, italy, they've all seen their debt burdens rise and most economists would say now is not the time to cut. so why wasn't republicans at least take part of that message into the calculation that revenue is a balanced approach? >> you have to remember, what the republicans are dealing with and the democrats are dealing with is party politics and both sides are coming together, facing each other, looking at each other and waiting for the next person to blink. unfortunately, the american public, middle class, middle income persons are the ones that are suffering right now. and you have to remember this. the cuts are inevitable either way, whether it's a grand bargain or a sequestration.

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