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Detailed text transcripts for TV channel - FOXNEWS - 20100701:20:02:00

cuts. you re saying that they re not going to be extended. the deficit cutting commission will they ll make sure we pay more in taxes. they re not going to be extended before the election. that s for sure. remember, that s your best insurance that it will actually happen. once the election occurs, then the next election is more than two years away. that allows for congress to do other things. they may well choose to pay attention to what the debt commission says. stuart: that means we re going into this election with no certainty about the tax picture on the other side. no certainty at all. once election day passes, that s a fixed date, a one-day sale. and you don t get to the next one-day sale for over two years. that gives congress a lot of leeway to do things unpopular and not extending these middle class tax cuts would be unpopular. stuart: you sound like the

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