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Detailed text transcripts for TV channel - FOXNEWS - 20100908:16:07:00

cuts because these are projections based on how well the competent is going to do and how much money people are going to make. all these are estimates, keep that in mind when you hear some of the numbers. the president is proposing hundreds of billions of dollars in tax cuts and infrastructure spending. he says this is paid for through taxing big businesses, also oil and gas companies as well. if the president doesn t bulge on tax cuts does this undermine all these other initial tiffs. we are going to make sense of it. we have adam lasinski. andee have elizabeth, and john, welcome to you all. adam, starting off with you, does it make sense for the president to pushout all the initiatives but not bulge on the wealthy americans and whether or not to extend those tax cuts? well it makes about as much sense as anything else. it would be better, i would argue if we weren t doing this

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