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Detailed text transcripts for TV channel - FOXNEWS - 20120612:16:55:00

The president has expressed frustration with congress for not doing more on the job plans he s out out there and job proposals. congress seems to be acting the way it is. what is the back-up plan? if congress doesn t take up some of this stuff, what are the new ideas? i think one of the things is to press people on the things that are so bi-partisan, so common-sense that it s too hard for them to say no. and the one i m just speaking of, universal refinance, i don t know any republican families paying 7% on their more tpwapblg thamortgage that won t rather save 3 or $4,000 baby 3.5%, 4% on their mortgage. we offer taking the barriers away from refinancing, that would help this economy. the president last year proposed cutting payroll taxes in half for small businesses. that s been supported by people like michelle bachmann before. that would have an instant on job growth and wages and our economy right now. the president has another proposal to cut taxes for small ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120612:15:47:00

With holding documents in the ways they want to see. judge andrew napolitano is fox news senior judicial analyst and joins us now. we ll continue to dip in and out of the testimony. sure. jenna: judge, explain to us the process when a panel will vote to hold someone in contempt, what happens? well the vote by the panel merely sends that vote to the floor of the house. then it is up to speaker john boehner whether or not he wants to permit the entire house to vote on the citation of contempt. if he says yes and the vote is affirmative, then the house has voted to hold the attorney general in contempt. that alone has no legal ramifications whatsoever. ordinarily when the congress votes to hold someone in contempt the attorney general assigns a federal prosecutor to prosecute the person whom the congress has held in contempt. jenna: why? because contempt is a criminal act and one is only guilty of contempt after having been found guilty by a judge or jury. prior to that it is just p ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120612:16:21:00

Senator grassley. in fact, they ve misled congress by claiming that the fast and furious program did not exist in february 2011, and it took them nine months for them to come back and correct that and acknowledge it existed. but they ve still refused to produce documents which we know will demonstrate knowledge of this gnawed program of letting 2,000 this flawed program of letting 2,000 high-caliber weapons walk into the hands of the drug cartels. we can demonstrate that high-level justice department officials know about it, but there s been no accountability and, unfortunately, he s just obstructed the congressional investigation to get to the bottom of it. jenna: so, senator, of course, we ve talked about this house panel potentially holding eric holder in contempt of congress. judge napolitano was on our show last hour, and he said if the attempt is to get the documents in question, there might be an easier way to do that. right after the break, we ll talk about that. thank you, s ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120612:16:06:00

House saying his committee is going to move forward with a contempt of congress action against the attorney general. there was some discussion about that. take a listen. on what legal ground are you withholding that e-mail? the president can t claim executive privilege to withhold that e-mail. is that correct? i myself am offering to sit down with the speak beer, the chairman, with you, whoever, to try to work our way through this in an attempt to avoid a constitutional crisis. reporter: and so the attorney general said he was willing to compromise to see if he could work something out to head off that vote on contempt of congress in that congressional committee next wednesday. another hot topic, of course, has been all the national security leaks. a lot of critical national security information ending up on the front page of the new york times and elsewhere. republican lindsey graham of south carolina talked a little bit about the investigation into those leaks that s been ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120612:15:49:00

Jenna: he said i m willing to work this out. let s do this face-to-face. he said he will not get an answer or getting an answer on that. as a judge, someone that could do mediation, do you think that is the path to go or do you think this threat of contempt is now where this has gone? i think the path to go would be for a federal judge to review the documents in secret. and decide which are relevant to congress s inquiry, which are lawful for congress to have rather than . jenna: when will that happen? does that have to be ordered by the attorney general to have a federal judge to do that? no. the congress could file a lawsuit against the attorney general and the lawsuit could go before a federal judge and the federal judge could say, you know what, bring the documents into my courtroom and i will decide what you get. the attorney general wouldn t be deciding and the house of representatives wouldn t be deciding. there are a couple of paths. there are a couple of paths here. i ....

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