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Detailed text transcripts for TV channel - FOXNEWS - 20110919:14:33:00

You re doing begins to shrink and that s one of the big issues here. this is hard to do, cutting spending. this is hard to do, even cutting the growth of spending, but this does not appear to do much of that. bill tax reform is the second panel there. the point i was making is that people are going to cast this as a millionaire s tax or the warren buffet rule, they ve already categorized it, but if you look the a the fine print, if you make $200,000 a year, $250,000 a year, loopholes in the tax will be closed, limiting deductions, will be eliminated, so this isn t just millionaires in america. well, yeah, so it ends up being a tax increase on a great many people who consider themselves middle class, and also consider that the amount of money they make isn t all that much in today s world. so you know, i just don t see how this is a winner, bill. bill: on that point, i think it goes back to the original point you made as to why things have not been successful or you re losing election ....

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