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Detailed text transcripts for TV channel - FOXNEWS - 20110622:13:19:00

this was something that was identified at the time. the question was whether you stick with the existing definition of income, which they did, or whether you rewrite the tax code and bill: that s what he said. he said it keeps him up at night. he s one of these guys that are crunching the numbers, trying to figure out what the cost is going to be, and it seems like these markers keep shifting every week. actually, this is an important point. the fact is that when the cbo scored this and the savings and the costs, they did take into account this provision. so the cost estimate cbo had took this into account. now, if you were to modify it, maybe you could get cost savings, but again, i want to stress, these individuals between the ages of 62 and 65, they re not high income individuals. i agree they shouldn t be on medicaid but they will therefore they will. bill: they will qualify for medicaid the way the law is now.

Detailed text transcripts for TV channel - FOXNEWS - 20110622:14:35:00

with a signal of withdraw is a signal of weakness to the taliban, and you i know you said people question the cost. what s the cost of not defending ourselves? this is not a choice of fighting in afghanistan and rebuilding america. it s the choice between a safe america and unsafe america. what do you put as the cost to that? are you running for president? i m thinking about it. these are the kinds of questions that get me going. bill: i bet they do. a decision comes when? no later than labor day. practically speaking you have to make a decision by then to get the logistical apparatus of a full-scale campaign. bill mr. ambassador, thank you. we ll be here when you make your announcement to take your answer. thanks bill. bill: you got a question you want answered? hemmer, fox news.com, and twit e.1 line, whatever is on your mind, right now. heather: a fox news alert to bring you now, the congressional budget office showing very serious

Detailed text transcripts for TV channel - FOXNEWS - 20110622:14:36:00

problems with how the government is spending our money. by the the end of this year the cbo projects the debt will reach 70 percent of gdp, that is the high eit s been in 50 years. chief washington correspondent james rosen is live with the details. what are we finding out in this report? we re finding out that you and me, bill hemmer, all of us taxpayers, none of us expecting to receive valentine s from the cbo, but this office which keeps the figures for the spending in washington has just issued its 2011 long term budget outline and outlook and the one word they used is, quote, daunting. just since 2008, the imrvment o reports the amount of federal debt that is, quote, shot upward from about 40 percent of our gross domestic product, three years ago, right around the historical 40-year levels to, as you mentioned, roughly 70 percent of gppo gdp today, the highes percentage since the post world war ii

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