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CNNW Your Money July 14, 2012

[ chirp ] [ male announcer ] upgrade to the new done. with access to the fastest push-to-talk and three times the coverage. now when you buy one kyocera duracore rugged phone, for $49.99, you ll get four free. visit a sprint store, or call 855-878-4biz. [ chirp ] that economic storm is cloetser to the shores every day. you can call me nuts. you can call me chicken little but the political battle over extending the bush tax cuts is blowing the storm bands over our head. you don t need me to tell you that our economy is on the brink of weakening again. you feel it every day. the latest cnn orc poll shows just 27% of you say the economy is in good shape. 73% feel that the conditions are pretty poor. while rays of hope peek through the clouds from time to time, the u.s. economy is fragile right now. families are facing long-term unemployment. there are foreclosures, higher student loan payments, higher medical costs, so the notion that you may have to pay higher taxes b ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120322:14:25:00

Can balance the budget. the debt is $15 trillion. randy laverne writes, how long would it take to pay down the debt if our economy returned to its most robust year and spending stayed at current hrefplts steven moore, writer for the wal wall street journal. good morning. if you took the best year in the history of america, based on surplus, the year 2000, under bill clinton we took in $236 billion. if the debt at 15.5 trillion does not change, for 66 years you would then achieve the accomplishment of paying down the debt. that s if we don t go any deeper than 15.5 trillion and if you get a surplus at a record high for 66 years. that is phenomenal. well, bill, let me say this. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120222:14:03:00

And gas production. bill: this comes at a critical time. you are talking about the financial aspect of this. there is a political equation. in two days mitt romney is set to urn veil his own tax plan. now we ll see how much they align each other or parallel one another in the end. that s politics. i just borrow the money. the administration is desperate for revenue and it s going to take it out of some of america s most successful corporations. martha: right now the u.s. corporate tax rate sits at 35%. it s the second highest in the entire world right behind japan. the u.s. expects to collect $236 billion in corporate taxes at the end of the year and that s 1.5% of our gdp. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20111213:09:23:00

bret: federal government is on pace to run a deficit for the month below $1 trillion for the first time in four years. treasury department says the october deficit was $137 billion. the two-month tote is $236 billion. that is $55 billion less then year ago and projects to $973 billion for fiscal year again. that is below $1 trillion for the fiscal year. federal reserve governors meet tomorrow and said to be considering a new public relations campaign. the new strategy could be unveiled next month. we could know by this time tomorrow whether a new plan for payroll tax extension passed the house. mike emanuel says the rhetoric is getting sharper. ahead of tuesday vote in house on the $192 billion package that includes fully ....

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Detailed text transcripts for TV channel - FOXNEWS - 20111212:23:23:00

bret: federal government is on pace to run a deficit for the month below $1 trillion for the first time in four years. treasury department says the october deficit was $137 billion. the two-month tote is $236 billion. that is $55 billion less then year ago and projects to $973 billion for fiscal year again. that is below $1 trillion for the fiscal year. federal reserve governors meet tomorrow and said to be considering a new public relations campaign. the new strategy could be unveiled next month. we could know by this time tomorrow whether a new plan for payroll tax extension passed the house. mike emanuel says the rhetoric is getting sharper. ahead of tuesday vote in house on the $192 billion package that includes fully ....

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