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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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Detailed text transcripts for TV channel - MSNBC - 20121231:12:19:00

Tax cuts. they tried this plan b thing, and they couldn t even get the republican well, they could get about 200 house republicans, and they needed about 20 house democrats, and the president and the democratic leadership made it clear it was a nonstarter. dan is being, again, disingenuous, and he s being i m not. you are. because the deal, as sam pointed out, in the summer of 2011, the so-called big deal, that included chain cpi and raising the age of medicare. i m talking about that. i m talking about that. and the republicans had a chance to get two of the big things they wanted, and they turned their back on it because they couldn t get the votes. that s exactly what i was saying. i was saying that there is a faction within the conference that couldn t get the votes. that couldn t get the votes. what i m saying right now is you look at the plan b that speaker boehner was for, you could have get a majority of republicans and some house democrats for it and yo ....

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Detailed text transcripts for TV channel - MSNBC - 20121231:12:13:00

The bush era. and this is the basic problem. it s been phony for a decade now. ed rendell. first of all, on the short term, the president did offer chain cpi, which is something his base hates. so he has put something on the table that was significant. now, could he deliver that with his base? didn t reid say it s not on the table? yes. every bipartisan proposal does include those changes. understand what we re talking about is a short-term deal. dr. sachs is right, we have to get to simpson-bowles and michael is right we have to get to the framework of simpson-bowles to really solve the debt crisis. we haven t even taken a shot at that. we ve wasted two months. we ve kicked the can down the road. when we have to come to grips with the long term, yes, there has to be a framework along the lines of simpson-bowles. okay. so first of all, everyone understands how serious this is. and for those who are clueing in, those who are worried about their own personal economies, ....

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