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Detailed text transcripts for TV channel - FOXNEWS - 20130101:03:39:00

Increase the rates at 250 or above after this. this is it for rates. going forward, any moneys he gets he is going to try and get out of taxes has to come from closing down loopholes and deductions. as we saw, that turns out to be a lot more difficult than going after tax rates and anything he gets out of that republicans are going to want to pump back in to lowering rates all around. i think in terms of taxes this is probably obama s high water mark. bret: it just seems like this is taking a long time for this caucus meeting particularly if all of the signals that were going out to all of the news organizations and all of the statements being made was that the deal is done and we have a deal, a very ecstatic looking vice president biden walking past reporters saying happy new year. you know, it seems like there could be some trouble here even on the senate side before you even get past the hurdle of the ....

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