Detailed text transcripts for TV channel - FOXNEWS - 2012062

Detailed text transcripts for TV channel - FOXNEWS - 20120629:16:05:00

>> reporter: as you point out romney raised more than $4.5 million after the ruling was announced yes. but he will need a white house and a filibuster-proof majority in the senate to carry out his promise. jenna. jenna: lots of things to watch in the months ahead. wendell, thank you. jon: in that supreme court opinion the supreme court ruled the individual mandate in the healthcare law is allowable only because it's a tax. so what does the decision mean for you, the taxpayer? the congressional budget offices mate the healthcare law will decrease the federal budget deficit by $143 billion over ten years. it's expected the cost of insurance coverage will go up by $788 billion. that amount would be offset by a $511 billion decrease in spending and a $420 billion increase in revenue over the same period. lots of billions in all of that. here to help us understand what

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