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Detailed text transcripts for TV channel - FOXNEWS - 20121205:23:08:00

idea. a realistic way for to us raise revenue from people who benefited enormously in the last several years. making the wealthy pay is not the focus of the charitable community. it fear money charity would have received in donations would go instead to the federal government in taxes. if they are taxed on their gift to the charities, that is just that much less money that they are able to give to non-profits. who will pick up the slack? no one. so neither the president s plan nor the one from congress would exempt charitable donations from the deduction cap, which is exactly why the nation s charities are squeamish. bret? more on this with the panel. jim, thank you. citigroup says it will eliminate more than 11,000 jobs. the nation s third largest bank says it s looking to cut expenses and improve efficiency. the dow gained 83 today. the s&p 500 was up 2. the nasdaq lost 23. another one of the president s relatives in a deportation case that is later in the

It fear money charityRaise revenueNo oneNon profitsBret baierJim angleDeduction capDeportation caseSp 500

Detailed text transcripts for TV channel - MSNBC - 20121201:20:17:00

speaker boehner s counteroffer, whatever that may be. he has a very tough position and my view, the speaker understands that mitt romney, who ran on the platform of not raising taxes lost and the speaker knows he has to do it. the problem is, his members ran on the platform opposing tax increases and they won. so, he s got the challenge of trying to persuade people who are against tax increases who ran and won on that platform doing what the speaker knows ultimately has to be done and that s raise revenue from the top 2% of this deal. correct me if i m wrong but based on what i read and what i heard with regards to the math. if you close loopholes and limit deductions, you still cannot generate the kind of revenue that would arrive at 1.6 or even $1.2 trillion. is that correct? i m not sure about that. if you do loopholes and you do tax rate increases, i believe you can rate increases, yes, but not

John boehnerMitt romneyTax increasesPlatform doingRaise revenueLimit deductions1 6Rate increasesTax rate increases1 2 trillion2 trillion

Detailed text transcripts for TV channel - MSNBC - 20121126:17:17:00

charitable deductions, by capping the number of deductions. democrats so far say that s not good enough. we need to take that top rate, let it go back up to 39.6. somewhere in there there has to be an agreement on both raise revenue and how do you do it. this is interesting because therein lies the argument for going over the fiscal cliff from a strategic pointing of view. it would be if you did that a couple of weeks, it would make it republicans say okay we ll keep the higher taxes on the rich and bring them down for the middle class. it recreates a reset. if you get the campaign ad or attack that says you literally broke this pledge. but the counterpunch here has been not only that we re not in world war ii, as we heard, but what can grover do if there s an overwhelming public desire, as we ve seen, to get something done. here s what alan simpson said just last week. he said what can grover norquist do to you? he can t murder you. he can t burn your house.

Raise revenue39 6Fiscal cliffPit republicansLong story shortCampaign adWorld war iiGrover norquistHouse of representativesAlan simpson

Detailed text transcripts for TV channel - MSNBC - 20121115:04:03:00

Detailed text transcripts for TV channel - MSNBC - 20121115:04:03:00
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Deficit reductionPresident obama wasnt the only oneMiddle classTax cutsOhio houseUnited states congressWouldn tLame duck sectionRaise revenue

Detailed text transcripts for TV channel - FOXNEWS - 20121115:23:07:00

some economists blame hurricane sandy, lawmakers look to lower the fiscal cliff the economy is approaching if they don t reach a deal on reducing the deficit. house democratic leader nancy pelosi urged extending middle class tax cut. we must not hold middle class tax cuts hostage to wealthiest americans. republicans know if they don t the democrats will let the upper income tax cuts expire, which they say will hurt job creation. day after the first news conference in more than half a year and the first after the re-election, newspaper seized on the president s suggestion he might not demand the top income tax rate return to what it was under bill clinton. aides with him for the second tour of damage from hurricane sandy suggested mr. obama s demand is for a sure source of re-knew, leaving negotiators to decide how much the re-knew is. what i will not do is to have a process that is vague, that says we re going to sort of, kind of raise revenue

Tax cutFiscal cliffHurricane sandyHouse democratic leaderNancy pelosiMiddle classWealthiest americansLiberal democratsIncome tax cutsNews conferenceJob creationPresident obamaIncome tax rateRe electionBill clintonRe knew