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Detailed text transcripts for TV channel - FOXNEWS - 20100701:20:07:00

before and after. if you want to go further out, there was one study that says millionaires from 2003 to 2006, their tax burden went up to 274 billion-dollar from $137 billion. a will the of people benefited from the bush tax cuts, including this country. i think it was obvious in jobs, gdp and tax receipts to the treasury. the speaker s premises is if you raise taxes on the rich, you lower the deficit, also, by cutting taxes on the rich, we inaccuracied the dest. you re-elect both. absolutely. the problem is the deficit problem began in the last couple years and had nothing to do with taxing the rich. that s not the solution. now i have to nail you down. are we or are we not going into a double dip. we re going there. likely? 40/60. going on no a recession, 60 not. yeah. part of that is my rose colored

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