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Detailed text transcripts for TV channel - MSNBC - 20121231:12:18:00

The best they were going to get. and it turns out to be very true. speaker boehner didn t walk away from the chain cpi deal. senator reid over the weekend said that the chain cpi change was a nonstarter. second of all, here s the reality. the reality is, the president knows that speaker boehner is ready to do a deal. the president knows a majority of republicans are ready to do a deal. there is a faction within is that true? yes. there is a faction within the house republican conference that is opposed to a deal. if the president can deliver something that a majority of republicans could go for what is it? and some democrats, then we will get over this. the president seems dug in, and the reality is, he s the president, right? he can get something done today if he wants to get something done. if it s $400,000 is the cutoff, if it s $1 million which is the cutoff which, by the way, a majority of democrats have voted for in the past, suddenly they re against the $1 millio ....

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