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Detailed text transcripts for TV channel - FOXNEWS - 20130129:14:09:00

yeah, that s about right. martha: 2.7 out there. a little more than that. well a $50 billion aid package for hurricane sandy victims is now headed to president obama s desk for his signature and with the stroke of a pen washington will have used all of the new money that it is getting from raising taxes on the wealthy and then some. think about that. stuart varney has thought about that. he is the anchor of varney & company on the fox business network. i have to say that again, stuart. basically all the money that was raised by taxing the rich, all of it, is bonn with this one hurricane sandy bill. doesn t matter whether or not you think money is valuable to go for hurricane sandy victims. i think it is important but it is important for people to recognize it. i m not arguing rights and wrongs of disaster relief. i m just doing the math. as you point out this sandy relief bill will cost $60 billion. that is there no off setting

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