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Detailed text transcripts for TV channel - FOXNEWS - 20121218:17:11:00

with the president, we re going to also move plan b. i think we all know that every income tax filer in america is going to pay higher rates come january the 1st unless congress acts. we look to find the answer to solve the problem on the spending issue here in washington. the president is not yet there, he has not come to where he needs to be in order for us to push through a bill that really does begin to address the problem. and can as the speaker said and as the speaker said, that s why we are now discussing an alternative plan if the president and the white house cannot come our way. reporter: so republicans insist they are going to continue to negotiate in good faith, but they re concerned that the president hasn t compromised enough on real series spending reductions serious spending reductions, has them offering not a new counteroffer, but a plan b should negotiations on the overall deal break down. and that, they say, would deal only with the tax cuts. the white house

Detailed text transcripts for TV channel - FOXNEWS - 20121218:15:18:00

i think we all know that every income tax filer in america is going to pay higher rates come january the 1st unless congress acts. so i believe it s important that we protect as many american taxpayers as we can. and our plan b would protect american taxpayers who make a million dollars or less and have all of their current rates extended. i continue to have hope that we can reach a broader agreement with the white house that would reduce spending as well as have revenues on the table. i think it would be better for our country, but at this point having a back up plan to make sure that as few american taxpayers are affected by this increase as possible, moving down that path is the right course of action for us. good morning. first of all i d like to say that i think all of our hearts and prayers are with the

Detailed text transcripts for TV channel - MSNBC - 20121218:15:15:00

we are back live in newtown, connecticut. and students in the school district here are going back to class today, all except for the kids at sandy hook elementary. for the next few days, they ll continue to bury their classmates and teachers. now, we are going to go live to john boehner who just came out of a meeting with his caucus. what we ve offered meets the 26 of balance, but the president is not very there. white house offered yesterday essentially $1.3 trillion in new revenues for only $850 billion in net spending reductions. that s not balanced. in my opinion. so at the same time, we re going to continue to talk with the president, we re going to also move plan b. i think we all know that every income tax filer in america is going to pay higher rates come january 1st until congress acts.

Detailed text transcripts for TV channel - FOXNEWS - 20121218:18:11:00

like this would be devastating. he offered up that plan. this would be not a replacement or counteroffer for the big deal, but just in case they couldn t get one. watch. so at the same time that we re going to continue to talk with the president we re going to also move plan b. i think we all know that every income tax filer in america is going to pay a higher rates come january the 1st unless congress acts. so i believe it s important that we protect as many american taxpayers as we can. and our plan b would protect american taxpayers who make a million dollars or less. reporter: so in essence the bush tax cuts would be extended leaving tax rates as they are for everybody that makes under a million dollars. it took a nanosecond for the white house to jump all over it. jay carney said he, meaning the president is not willing to accept a deal that doesn t ask enough of the

Detailed text transcripts for TV channel - FOXNEWS - 20121219:02:15:15

Detailed text transcripts for TV channel - FOXNEWS - 20121219:02:15:15
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