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Detailed text transcripts for TV channel - FOXNEWS - 20120710:05:34:00

cuts. is he cutting taxes for americans? anybody who believes that hasn t looked at the record. $500 billion in tax increases alone in the obama care bill. their whole goal is to get more money so they can spend more money and claim they re doing a lot of good for the american people as they run us into bankruptcy. i just found out today, and i knew it was so, that we re now that our national debt is 103% of the gdp. think about that. 103% of the gdp. spain, which is in real trouble, is like, what, less than 70% of gdp. that tells you something. you know, i m curious. we expect a very busy lame duck activity here on capitol hill after the election. there are issues having to do with the bush tax cuts, the extension, there s the question about the debt ceiling, whether that s going to be raised because we re pushed up against it. why not do this now? why not all the republicans and

Detailed text transcripts for TV channel - FOXNEWS - 20120710:02:34:00

cuts. is he cutting taxes for americans? anybody who believes that hasn t looked at the record. $500 billion in tax increases alone in the obama care bill. their whole goal is to get more money so they can spend more money and claim they re doing a lot of good for the american people as they run us into bankruptcy. i just found out today, and i knew it was so, that we re now that our national debt is 103% of the gdp. think about that. 103% of the gdp. spain, which is in real trouble, is like, what, less than 70% of gdp. that tells you something. you know, i m curious. we expect a very busy lame duck activity here on capitol hill after the election. there are issues having to do with the bush tax cuts, the extension, there s the question about the debt ceiling, whether that s going to be raised because we re pushed up against it. why not do this now? why not all the republicans and democrats start working on this

Detailed text transcripts for TV channel - FOXNEWS - 20120710:05:32:00

his assistant or his campaign leader said that it is not a tax, and then the governor comes out and he says it s a tax. he s getting hammered from both sides. how does he walk out of this? i think the flip-flop is really on the part of president because the president argued that it was tax all the way through the legislative process here. the president and his allies argued that it was a penalty, and now all of a sudden it s a tax so that it would defeat the republicans approach toward the individual mandate. now they re trying to say well, it s just really a penalty. unfortunately for them, the majority of the members of the supreme court held that it is a tax, and therefore, that means that well, if you talk about a tax, that means about 77% of people earning less than $120,000 a year are going to have to pay it. by the way, 10% of the people earning less than $23,000 a

Detailed text transcripts for TV channel - FOXNEWS - 20120710:02:00:00

Detailed text transcripts for TV channel - FOXNEWS - 20120710:02:00:00
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Detailed text transcripts for TV channel - FOXNEWS - 20120710:05:35:00

democrats start working on this right now before the election? they have six months to get ahead of the game. instead, everyone is waiting until after the election. the republicans i think are willing to do that. they re not willing to go with the largest tax increase in history. let s start talking about it. let s start moving the ball forward. i think we should. we ve actually said look, let s put this over for a year during which we really concentrate all of the efforts of the congress on reforming this awful tax code, and getting things under control. i think that makes sense, and i think at least six democrats now seem to be saying that makes sense. there will be more than six as time goes on. you can see more of our have interview with senator hatch. coming up, scott peterson s fight to avoid execution by lethal injection. he was convicted of murdering his wife and unborn son, but now could a juror interview be the key to setting peterson free? it s an interview that ha

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