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Detailed text transcripts for TV channel - MSNBC - 20101219:19:10:00

You re the shuttle-ready projects guy. there should be more investment in infrastructure. should there be more of that before we focus on bringing down the deficit? we can do both. let me explain what i mean. the omnibus or the i m sorry to sound like a senator here, or a wonk, but in the spending proposal for next year, we freeze discretionary spending. freeze it. freeze it. we think we have to start by all those things were tails on them, long-term impact, we should not be spending in those areas and we should be freezing or reducing. on those issues that have no long-term deficit look, the entire recovery bill i know you know this, but the entire recovery act of last 18 months, roughly over $18 billion, it added two-tenths of 1% to gdp. two-tenths of 1% to gdp. the places we have to go are the things that have tails, that are long-term commitments of the government. ....

Senator Mccain , Projects Guy , Spending Proposal , Recovery Bill , Recovery Act , 8 Billion , 18 Billion , Two Tenths ,