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Detailed text transcripts for TV channel - MSNBC - 20121127:18:49:00

Reductions. so, we ve got revenue side and spending side. i ve interviewed grover norquist, with all due respect, he said no tax increases period, not if ands or buts if you get cuts. that s what his pledge means, as far as the way he interprets it and he interprets it is the way that some primary opponents to yourself would interpret it presumably if you face that down the road? well, look, increasing tax rates is not wise. increasing tax rates destroys jobs, 700,000 jobs. the president s plan would destroy 700,000 jobs, according to earnest and young not according to tom price or republicans and you can gain revenue closing loopholes, capping deductions, capping credits so you can lower the rates for individuals, broaden the base and then address the spending. again which the president has refused to address. he refuses to identify where he would make spending reductions. a revenue side, yes, pro growth policies help the most and then increasing tax revenue through capping deduct ....

Harms Way , Grover Norquist , Revenue Side , All Due Respect , Tax Rates , President Obama , House Republicans , Capping Deductions , Tom Price , Capping Credits , Revenue Closing Loopholes , Growth Policies , Spending Reductions , Tax Revenue ,

Detailed text transcripts for TV channel - FOXNEWS - 20121127:00:02:00

Detailed text transcripts for TV channel - FOXNEWS - 20121127:00:02:00
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President Obama , John Boehner , Harry Reid , Newsroom Tonight , On Fox Top Story , Mike Emanuel , Tax Reform , Tax Rates , Grover Norquist , Spending Cuts , Lindsey Graham , Capping Deductions , Senate Budget Committee , South Carolina , Social Security ,

Detailed text transcripts for TV channel - FOXNEWS - 20121126:14:01:00

Now senator bob corker say they will ignore the decades old pledge that was signed by 241 house members and senators. he says he believes it is a huge game-changer. when you re $16 trillion in debt the only pledge we should make to each other is to avoid becoming greece. republicans should put revenue on the table. we re this far in debt. we don t generate enough revenue. capping deductions will help generate revenue. raising tack rates will hurt job creation. bill: this is the heart of the matter. stuart varney, host of varney & company . morning to you, sir? this is a real shift. one of the two sides had some movement in their position on the tax side of the debate. that side is the republican side. as you heard there from senator lindsey graham, other, and other republican, they are now prepared to accept getting more revenue from the rich. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20121126:10:34:00

Instance you can hear the hum in the air at their distribution centers as they gear up for what they hope will be the 50th day of the year. president obama helped juice retail members themselves with christmas shopping at a virginia book store. this morning the white house is warning what could happen with retail sales if government spending and massive tax hikes kick in at the end of the year. it s something retailers have already been talking about shoppers are uncertain. it s the leading headline of the day. they are definitely thinking of that. they are scaling back? they are not spending as robustly as they would because they still don t know what s going to happen. some republicans have taken a step toward the president since the election showing a willingness to raise taxes by capping deductions for high irners but tax rates they say should stay where they are. this only works if democrats agree to spend less. but to do this i just don t want to promise a spending cut ....

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Detailed text transcripts for TV channel - FOXNEWS - 20121126:16:42:00

Has put out there you can t just do it on spending cuts. i m not sure if you can do it just on capping deductions. that is what these guys are paid big bucks for to figure out. sit at table, do the arithmetic, get a final deal. jon: we had 9/11 during the bush administration and that had huge impact on economy and wars after it. doug and ron, thank you both. we started a question about the discussion of grover norquist. he will be neil cavuto s guest on your world at four become eastern time. here what he has to say. jenna: we re watching this over last several days in egypt. protesters outraged by the new president s power grab. we ll spak to an egyptian facing a an uncertain future and look further at what our response should be. ....

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