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Detailed text transcripts for TV channel - MSNBC - 20101209:12:45:00

being a rich celebrity, or is she getting ready to run for president? something john heilemann had a cover saying palin 2012. where are we? i continue to be a simple man. if you took if i gave you sarah palin s schedule over the last year, talked about the money she s raised, the travel she s done, endorsements, everything she s done. you don t know who this person is, take her name off of it. if you looked at that, you would say that person is running for president. there s no question that she s setting herself up to be in a position to run for president. whether she duds or not, who knows? that requires a lot of claire voiians. where does jay come down on the subject oovps. the end of this article goes like this, jay was talking to sarah palin and she says, what does palin make of the obama presidency so far? palin quips with two words,

Detailed text transcripts for TV channel - MSNBC - 20101209:12:09:00

that in terms of then maybe it was politically astute what he was doing. but first, the president said this is all are you going to ask me the question? i will have we heard from the president. here is the president about republicans. republicans will have to explain to the american people over the next two years how making those tax cuts for the high end permanent squares with their stated desire to start reducing deficits and debt. i don t think that formula works. but they ll have the opportunity to make the case. okay. i know that you thought maybe he should say that before, like, hey, pay for it. but he s saying it and calling them out. you just talked about the long-term effect this might have being potentially politically beneficial for him in 2012. so what s wrong with it? i have always said and you ve heard me say it for several years, do not raise taxes on

Detailed text transcripts for TV channel - MSNBC - 20101209:13:01:00

majority leader and democratic representative from maryland, congressman steny hoyer. and also back in new york, we ve got the host of the dylan ratigan show, dylan ratigan. oh, this should be good. no doubt about it. there are a lot of questions out there this morning about whether the democrats are going to be able to pass this or not. let s let s ask steny hoyer. let s go straight to steny hoyer, the majority leader of the u.s. house of representatives. always great talking to you. good to be with you. do you think you will be able to get enough votes to pass the president s tax plan? joe, the first thing we have to find out is what the senate can pass. we obviously have passed a bill which i think reflected what the democrats believed was appropriate and that is a cut in middle income tax rates and make sure they don t go up in january. i think the overwhelming majority of the american public supported that policy, including republicans, 52% in a cbs news poll shows t

Detailed text transcripts for TV channel - MSNBC - 20101209:11:07:00

today or tomorrow, a sign he thinks he s close to having the 60 votes he needs to advance the measure. despite that, democrats in both chambers still fuming about the package. as you heard mr. weiner accusing the administration of giving the nation s highest earners a break on income and estate taxes. as a result the white house has launched a campaign-style rollout of the campaign supporters. many are mayors and governors who don t have a vote. yesterday the president predicted many more on his party would climb on board. it s inaccurate to characterize democrats at large as feeling quote, unquote, betrayed. i think democrats are looking at this bill and you ve had a whole bunch of them who said this makes sense. i think the more they look at it, the more of them will say this makes sense. after stressing that not passing a deal would cost the u.s. economy nearly a million jobs, the president then put the onus on republicans.

Detailed text transcripts for TV channel - MSNBC - 20101209:11:10:00

you accumulate assets above $5 million you ll pay a 35% tax. finally, with regard to what the president just said about blaming the republicans and democrats, what democrats and republicans ought to be rallying around now is something you ve been talking about on this show and others as well. how do you reduce the long-term debt. there are two types of debt here. one, the debt accumulated to try to get us out of this crisis that we face. and, two, the debt we re accumulating because of entitlement spending. the deficit commission laid out a very good template. that s where the next set of energy ought to be rallying around. i love this. this is washington, d.c. they say they worked forever coming up with a plan to shave $4 trillion off the national debt over a generation. that s tough. made tougher because after they do their report they go home for the weekend. washington convenes for the weekend, strike a deal that adds another trillion dollars in one weekend to the national debt.

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