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Detailed text transcripts for TV channel - FOXNEWS - 20121127:16:07:00

between 500,000 and a million they re going to end up agreeing to an increase in rates. that will be slight. it won t be 39.6. but that would probably end up with republicans budging there. democrats have one place to go. they have to agree to some movement on medicare reform. the president has inched over there but he is under tremendous pressure from liberals not to touch medicare. he will have to give something or republicans won t give increase in the debt ceiling. jon: you talked to bret baier a lot on special report and he was on yesterday and gave us a statistic our brain room developed but bret didn t get it right and wanted me to correct it. if you take the increase in the bush tax rates that president obama campaigned on and wants to go forward with, you get funding for the federal government for about eight and a half days per year. that is all. yeah. jon: now that, i guess you might say more than a drop in the bucket, i m not sure but you will have to come up

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