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Detailed text transcripts for TV channel - FOXNEWS - 20110724:22:31:00

deductions. you agree to $800 billion? $800? yes because i thought webecat could get new receive.ev - revenues out of a growingomy t economy that had more americans working, moreaying americans paying taxes and the t fact that a fairer, flatter tax code means we would have had a more efficient system ofm people. they are understanding what their tax obligations were and w the ability to collect whate. was due.be between the two, i believedat that we could accomplish $800 billion without raising taxes. but that was raising it wasn t raising tax rates. tax it was raising taxes. it was not raising taxes. n if you look at how it was outlined we agreed the taxes be would have to be reduced from the current law, the current policy all the way down some 2.7, 2.8 trillion dollars from what the current law is. yes it is $800 billion over what the current policy is,urrey but i thought we could achieveat that amount of money through a

Detailed text transcripts for TV channel - FOXNEWS - 20110724:22:31:00

reform, lowering all of thelso rates, but also closingph loopholes and endinggrd deductions. you agree to $800 billion? $800? yes because i thought webecat could get new receive.ev - revenues out of a growingomy t economy that had more americans working, moreaying americans paying taxes and the t fact that a fairer, flatter tax code means we would have had a more efficient system ofm people. they are understanding what their tax obligations were and w the ability to collect whate. was due.be between the two, i believedat that we could accomplish $800 billion without raising taxes. but that was raising it wasn t raising tax rates. tax it was raising taxes. it was not raising taxes. n if you look at how it was outlined we agreed the taxes be would have to be reduced from the current law, the current policy all the way down some 2.7, 2.8 trillion dollars from what the current law is. yes it is $800 billion over

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