Full transcript from CNN of the exchange above.

MARTIN: The bottom line is - what I keep going back to, you can't sit here and keep talking about deficit, deficit, deficit when the tax cuts speak to increasing the deficit. And then you say but keep the tax cuts will also cut the deficits.

VELSHI: Unless - unless - interesting point that you both are making. Candy, unless there's only one way to cut taxes and cut the deficit at the same time and that is with economic growth. If this - if this -

MOORE: That's right.

VELSHI: -- economy were to grow faster than it's growing right now, you can have your cake and eat it, too, but it's not. So this puts everybody in Washington into a difficult and precarious position. I mean, Roland makes the point, Candy, that it's a percent or two percent of the population but it's disproportionately a job creating one or two percent. So how do you square the circle?

CROWLEY: Well, they're going to try next year. I mean, here's the problem. Everybody talks about reducing the debt and reducing the deficit, which are two separate things. But nonetheless, we've had this debt commission come and say, well, here's how you do it. And there's just three big ticket items, right? Federally funded health care, the Pentagon and Social Security. Well, you know, what you need here are three politicians, the Speaker, the Majority Leader in the Senate, and the president who don't care about re-election to kind of try to lead this. Because when you look at all the polling, the public is not for cutting any of those or changing the benefits.

MARTIN: There you go.

CROWLEY: And you can't get to it any other way.

MARTIN: And, Ali - and, Ali, a critical point -

MOORE: And, Ali, can I -

VELSHI: Stephen, go ahead.

MARTIN: - we also see when it comes to these politicians as well, and that is you now have all the politicians who keep saying Washington can't create jobs. And so think about it. We keep saying what will Washington do, when we just saw an election where we have all of the people saying -

VELSHI: All right.

MARTIN: Washington can't create jobs. OK. Then what is it?

VELSHI: And, Stephen, last word on that.

MOORE: The last word, this is a personal finance show, YOUR $$$$$. One of the things people have to realize, if we don't get this tax issue resolved in the next week or so, that everyone's taxes, not just rich people, Ali, on January 1st go up. And for a middle class family, you're talking about $2,000 or $3,000 more per year. The IRS, by the way, says they're not - they don't have time now to change the tax forms.

MARTIN: Two-fifty and less. That's the answer, Steve.

VELSHI: All right, guys.

MOORE: You can't shake it from there, Roland.

VELSHI: Good discussion. Thank you, all of you. Thanks, Candy -

MARTIN: That means your taxes and my taxes will go up, Steve.

VELSHI: -- and Roland and Stephen.