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Detailed text transcripts for TV channel - FOXNEWS - 20110105:14:31:00

in a matter of speaking. it depends on your perspective, i guess. bill your perspective is now the newfound minority party. i want to show you a number that i think a lot of people are in tune with now more so than ever, okay? in 2010, u.s. government spending grew by $4.3 billion a day. our debt rose from $12.3 trillion about a year ago to $13.9 trillion today. now, is that acceptable? well, that s absolutely why we re going to measure the republicans proposals by the following yardstick, whether it creates jobs, whether it reduces the decifit, and whether it enhances the middle class, and right out of the gate, sadly, they re going to pursue fruitlessly the repeal of health care reform, which actually will explode the decifit by $143 billion in the first ten years and a trillion

Detailed text transcripts for TV channel - FOXNEWS - 20110105:15:34:00

american people have spoken, and they rejected the government takeover of health care, the taxes, the mandates, the public fund of abortion, and i hear we ll try and give it to them. martha: you want to follow through on the house side and make sure you will do all you can is what i m hearing in the answer. i want to talk about the $100 billion and the pledge to america during the election, republicans said they would pledge to the country, they would cut $100 billion in short order which meant a one-year period. are they going to stick to the promise? what we did in the pledge to america was really talk about reducing spending back to 2008 levels. which if we were able to do with the whole fiscal year, reduce spending by $100 billion and i know the new york times today is talking about with what remains of the fiscal year, we re not sure, this fiscal year and look, people are number-crunching and republicans are going to start from literally day one to change the culture i

Detailed text transcripts for TV channel - FOXNEWS - 20110105:15:32:00

obsession with repealing health care reform we ll be able to work together and we are looking forward to that. martha: that was democratic congresswoman debbie wasserman schultz blasting republicans for their push to repeal president obama s health care law, you heard her moments ago and she called it an obsession of the tea party and let s ask indiana congressman mike pence what he thinks, the former chairman of the house republican conference, congressman, welcome, good to have you with us. thanks, martha. it is a great day here on capitol hill. martha: i m sure it is. for everybody on your side of the aisle, debbie wasserman schultz says the tea party is obsessed with the whole health care repeal thing. and need to get off it. move off it. before i get to that, let me say i don t think it is just a great day for republicans, i think it is this day belongs to the american people and the american people decided they wanted to make a fundamental change in the direction in washing

Detailed text transcripts for TV channel - FOXNEWS - 20110105:14:05:00

states when you watch the handover of these events and the house seeing the biggest change, the balance of power shifting from the democrats over to the republicans and here s what the new 112th congress will look like, 435 members, of course, in the house, 242 of them are republicans. in the red seats, as de peubt dollars in this graphic. one hundred ninety-three are democrats. of those, there are more than 90 members of congress who are new, nearly all of them are fresh well, freshman lawmakers are republicans. bill: a bit later this hour, what about the established lawmakers? there s such a target and focus on the new ones. debbie wasserman-schultz is live here in america s newsroom , how democrats plan to tackle their loss in the house. at 10:30 eastern time, we ll talk to congressman mike dent out of indiana, about republicans and how mike pence on republicans and how they plan to follow through on the spending cuts, debts, repeal of health care, interviews you can t miss on

Detailed text transcripts for TV channel - FOXNEWS - 20110105:14:36:00

the republicans on continuing the economic recovery. our hope is that they re not going to strangle the recovery. bill: we are watching, and thank you for your time, david wasserman-schultz out of florida. next hour we ll talk to indiana congressman mike pence and will ask him the very same questions about how republicans will follow through on all those campaign promises, spending cuts and health care interviews. you will not want to miss throughout the day, starting here. martha: all right. let s go to this legal question for a moment now. a legal loophole that will allow a convicted killer to inherit a fortune from his victim, from the woman he killed. this is not a joke, folks. brandon palladino is in for 25 years for strangling his mother-in-law back in 2008 and when he gets out of jail, he may get a check for more than $350,000, and it s all because the victim s only daughter, dee ana, who you see on the left side of that picture, there she is with her picture, diana edwards, who

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