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Detailed text transcripts for TV channel - MSNBC - 20111224:10:12:30
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Detailed text transcripts for TV channel - MSNBC - 20111224:00:16:30
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left. doesn t that mean a tax increase to about 160 million americans? well, what it means is that, yes, the payroll tax would go up. i opposed lowering it in the first place because we ve got to keep our promise to senior sit sentence. that s what we have to recognize. we are continuing to borrow money from china that we can t afford to continue to payback. and we have to keep our promise to senior citizens. president obama s promise that it was going to create jobs didn t work. that s why his reasoning doesn t work to keep it at the rate it is now. that s why i can t vote to extend the payroll tax deduction. congressman, thanks for being here. it will be an interesting rate. hope you come back. i will. thank you. two states got a big, fat no from the obama administration and it all had to do with the new healthcare law. indiana and louisiana both asked for waivers, but, and they want it for insurers to avoid spending a rule in the healthcare because, but they
left. doesn t that mean a tax increase to about 160 million americans? well, what it means is that, yes, the payroll tax would go up. i opposed lowering it in the first place because we ve got to keep our promise to senior sit sentence. that s what we have to recognize. we are continuing to borrow money from china that we can t afford to continue to payback. and we have to keep our promise to senior citizens. president obama s promise that it was going to create jobs didn t work. that s why his reasoning doesn t work to keep it at the rate it is now. that s why i can t vote to extend the payroll tax deduction. congressman, thanks for being here. it will be an interesting rate. hope you come back. i will. thank you. two states got a big, fat no from the obama administration and it all had to do with the new healthcare law. indiana and louisiana both asked for waivers, but, and they want it for insurers to avoid spending a rule in the healthcare because, but they
no, they pay payroll taxes. what the president has done is put in place a payroll tax deduction that s in place now. if we don t extend it, then this is going to be for the average family about a $1,000 to $1,500 tax increase. they say they re against tax increases. and the president is really going to put them in a position now because he s saying let s extend this over the next period of time here. a lot of them are saying, well, they may not be able to vote for this, even though it would forestall this tax increase. so we re going to put them on the spot. you never can count republicans out. they can do things that don t make a lot of sense, especially when they re trying to fight a president that they are determined, it s their number one priority to defeat this president. in the meantime, they don t have the solomon-like wisdom to not put the country in a bad situation just because of their politics. bob, not only is it contradictory at its worst for
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