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Detailed text transcripts for TV channel - FOXNEWS - 20101204:22:05:00

of time, keeping everything the way it is. unemployment benefits, being extend, some promise of commitment, for vote on the start treaty which we desperately need to pass for foreign policy purposes and a number of other smaller tax breaks including tax breaks for middle class americans, and the president wants. gregg: democrats and the president have to surrender on what they wanted, originally, tax cuts for everybody except those earning over $250,000. and, according to the cbo, that will add $700 billion to the deficit, and americans are angry about bloated deficits and how can your party, the republicans, justify that. there is no question, we are no under taxed in the country, we are overspent and we need to have lower taxes and cut intending and, look, in a time of the economy like this, when it is tough and slow you don t tax small business and the

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