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Detailed text transcripts for TV channel - FOXNEWS - 20120710:02:32:00

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 - 20120710:02:35:00

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 happened right here on the record.

Detailed text transcripts for TV channel - FOXNEWS - 20120710:02:14:00

for the wealthiest americans. if you re serious about debt reduction, you should do what every bi-partisan commission has recommended and couple those things together. every time i here talk about hear talk about handling the deficit, the first thing i think of is everyone, republicans and democrats, i realize your party doesn t run the house right now, but everybody has gone off and is looking towards lame duck to handle things like the deficit ceiling, all the bush tax cuts, all those sort of issues lame duck after election. if everyone is so serious about handling those problems, why isn t everyone right here, right now working 24/7 on the problem? well, what the president is proposing is we could actually get this done right now. all of it. it can t just be cherry pick what you want or what somebody else wants. it s got to be in easternest, e. the first is to provide some revenue by asking folks at the top to pay more.

Detailed text transcripts for TV channel - FOXNEWS - 20120710:02:30:00

republicans have vowing to repeal obama care, and today s promise house republicans officially launched their efforts. the rules committee met tonight and getting the health care repeal ready for tomorrow s debate. the vote comes wednesday, but that s the house. what do republicans in the democratly controlled senate plan to do. senator hatch, nice to see you. i know you re opposed to the president s health care, i know you know what the supreme court decided. i know how the house will vote on it, but the united states senate dominated by the democrats. is there anything the republicans in the senate intend to do or can do? i have to say that when do believe the selection is important to determine whether we have to go with this awful health care bill or whether we re going to repeal it and replace it. i believe the way that has to happen is for mitt romney to get

Detailed text transcripts for TV channel - FOXNEWS - 20120710:02:07:00

bounced out of court. that will be humiliating at a minimum. if it takes another week to get it right, and i know you re going to ask me. you asked a week ago, and i ll anticipate your question. i will ask speaker boehner to do it and encourage him to do it as quickly as possible to make sure the pleadings are correct. to the dragout knock down fight over tax cuts. today president obama urging congress to pass a one-year extension of the bush tax cuts for households making less than $250,000 a year. republicans say that amounts to a tax hike on small businesses. they want a one-year extension for everyone. aren t these extensions just bandaids anyway? why can t, first of all, why can t we get a permanent fix one way or the other? i think the answer to that is simple. i think the house republicans certainly would like to extend

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