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Detailed text transcripts for TV channel - MSNBC - 20121205:11:21:00

about, but it gets to this point, which is republicans don t really want this tax cut fight, even though they know it s good for their brand. but they want to figure out a way out of it. and you increasingly see some anonymous republicans quoted in the paper saying let s get rid of this tax cut fight and move to a debt ceiling fight. so now they re looking at this fallback option where they say we ll agree to an extension of the bush tax rates below $250,000, push the debt ceiling fight and attach all the cuts there and we ll hold that hostage again. you know, i think we can read between the lines. i think the polling is looking increasingly bleak for the republican party. i think it s very clear that the president is willing to go off the cliff with respect to the tax hikes. right. there s not much boehner can actually do. and we ve got to go to break. really quickly, steve, you ve got to pick up on brian sullivan s point. that if you talk about the tax credits that the presiden

Detailed text transcripts for TV channel - FOXNEWS - 20121204:20:16:00

cetera. the president, though, is standing firm. and jake carney saying unless the republicans give in on tax rates and raise the bush tax rates on the rich, there is no deal and the president is willing to go off the cliff. they hammered speaker boehner s proposal. we don t know who pays. we don t know what we are talking about in terms actual legislation to increase revenues it is magic beans and fairy dust. reporter: it doesn t sound like they are ready for a compromise. he said they do not take speaker boehner s proposal seriously enough to offer a counterpropsal so the white house believes the ball is still in the republicans court. shepard: but speaker boehner has moved, if shiply and if for the first time in public but he has moved. reporter: he has. he is not willing yet, not yet,

Detailed text transcripts for TV channel - FOXNEWS - 20121203:07:40:00

know. at the end of the day president obama is selling a very simple message. i want to keep taxes low for middle class americans and republicans, i m worried, are in the position of looking as if they don t care about the middle class and want to keep tax rates low for wealthy americans. one of the things that struck me in my interview with tim geithner, the republicans were a little unclear. he said the bush tax rates had to go up but not all the way up and geithner said they had do have to go up to 39.6%. i still think the white house is willing to settle for something in the middle there above the bush tax rate but maybe not all the way back up to clinton, maybe not 250 and above, maybe 500. i think there are moving parts there. i think he says in every speech he goes out there and gives the hard line message to the base i m not going to be the woos you thought i was last time. he says i want to compromise and we all have to get out of our comfort zone. i want a deal. and rep

Detailed text transcripts for TV channel - FOXNEWS - 20121203:07:39:00

political reality suggests they have to get a deal. the president gets most of what he wants because he won. 55% of the american people will blame the republicans if they don t get a deal. but statement the president desperately needs an extension of the debt ceiling. he also wants to get this off his back so he can go on to other parts of his legacy. that s why i think at the end of the day they will have an agreement. are you as optimistic as that, bill? i think so. and i was struck about what the president said. the republicans are at real risk, remind you, of looking like they are defending, keeping the current tax rates for the well think, the bush tax rates for the wealthy and right now the official republican position is let the payroll tax rate go back up by 2%. that s a two percentage point increase on every american and it s a marginal increase on everyone making less than $100,000 a year. i really worry that president obama, we consider that he s overreaching, it s too m

Detailed text transcripts for TV channel - FOXNEWS - 20121203:07:03:00

Detailed text transcripts for TV channel - FOXNEWS - 20121203:07:03:00
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