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Detailed text transcripts for TV channel - FOXNEWS - 20100708:13:49:00

warmed up for what the debt commission is about to say? you know, is this preparation, erskine bowles and lanny davis worked together in the white house, are we getting prepared for what s to come in the form of a new national tax? i think without a doubt this is their plan. i just hope congress, democrats and republicans, will not fall for it, it won t work. the last thing we need at a time of economic hardship is to add must tax on top of taxes that are set to go up next year. if you look at the rent you pay, if you look at an atm transaction, this money adds up. we don t have a problem right now of washington having too few revenues. the problem is washington is out of control. we have a health care bill that s going to cost in the trillions, we ve had bailouts of car companies and banks that should have been allowed to go bankrupt. martha: thank you very much. we re out of time. good to talk about you about it, john tamny. thank you. gregg: will are ways to air differences, getti

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