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Detailed text transcripts for TV channel - FOXNEWS - 20141212:14:48:00

see the results next year. my sense is that, look, house republicans passed a large number of very constructive, positive bills have to do with reining in government spending, reforming government, encouraging growth of jobs in the private economy, reducing unnecessary regulation. many passed on big votes with lots of democrats voting for them. all of them went to die in the u.s. senate. the key test for the republicans is going be next year in a new congress is the house going to pass similar measures? will they be taken up by the senate? will they be considered and passed, sent to the president for his signature or his veto. that will be real test. in this bill last night, one of the reince why democrats were opposed to it, had too little spending, had necessary reforms of dodd-frank, cut money for irs. cut money for pet programs of the white house. they voted against it 72% of the them voted against it because they didn t conform to what they wanted to have.

Detailed text transcripts for TV channel - FOXNEWS - 20141212:15:26:00

might qualify for a refund of $5,000. well, here comes a $4,000 check to you. so this is a program in which the government actually sends out billions of dollars to low income americans. bill: okay. important for them too, you know? let s face it, a lot of folks depend on this. but this is the cost that goes out, right? $63 billion in earned income tax credits. huge number. but the improper benefits totals $14,500,000,000. how does that happen? the biggest reason is the irs doesn t want to enforce it and crack down on fraud. we ve known for a long time that the earned income tax credit has a huge fraud rate. the fraud rate is now 24% according to this new report. what we didn t know is that the additional child tax credit and, remember, these are the two things that president obama says will now apply for illegal

Detailed text transcripts for TV channel - FOXNEWS - 20141212:15:25:00

martha: she rummages around the whole building, finally she puts everything in a big black trash bag, kind of like the grinch, and leaves. police are still looking for this thief. bill: the cost of president obama s executive action on immigration now going even higher. perhaps more than one million undocumented people can now receive benefits through two federal programses, both of which an irs watchdog group says is plagued by fraud. byron york writes about it, chief washington correspondent for the washington examiner and a fox news contributor. good morning to you. good morning, bill. bill: this is the income earned tax credit which does what? how are you eligible? well, there are two programs. one is the earned income tax credit, one is the child tax credit. they re meant for working people, for low income people, and what they are is a tax refund that s bigger than your tax liability. so in other words, the government writes you a check. if you have a tax liability you

Detailed text transcripts for TV channel - FOXNEWS - 20141212:14:45:00

group of them who are in permanent opposition. but i do thinking members like salmon and others will, will be more than placated by the republicans taking up in january and february similar measures in an effort to, when the dhs bill comes up, the dhs, dhs funding bill, department of homeland security funding bill they can rein in the president and do so with not only house voting for it, the house would have done that last night by a good margin but when you have 50 55 democrats in the senate as they have today, there is little or no chance of getting the 60 votes necessary to pass a measure with that kind of rider on it. bill: that is interesting so we wait in 2015. take it outside of washington. take it to the american voter. this bill was nearly 2,000 pages long. it is a trillion dollars plus. remember all the battles we ve been having past six years. what s changed in washington? well, look, we have had a broken budget system since 2008. the last time that we passed a

Detailed text transcripts for TV channel - FOXNEWS - 20141212:15:35:00

bill: do you think some of that s going on? oh, yeah, absolutely. and it goes back to the point that director brennan made yesterday, which i really applauded the way he began that press conference by stating the case again and bringing the audience back to what had taken place on 9/11. the context of that issue. and you can only understand these decisions within that context. and now we have people 13 years later separating themselves from that and using other arguments against it. bill: so you re saying, you could make a moorl and ethical moral and ethical argument against this, but when you take it in context, it s different entirely. i mean, i went to a jesuit school, fordham university. we made moral and ethical arguments against nagasaki, against roosevelt s carpet bombing of german people. but you can only understand those decisions, and these are presidents who enjoy the respect of the american people and are being treated very well in

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