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Transcripts For FOXNEWS Your World With Neil Cavuto 20240706

moment. she has her own ideas on how to reign in spending as america s debt is exploding. let s just say she s not signing on to what the president put out today. welcome, everybody. i m neil cavuto. we have a busy show for you right now, this is your world. let s go to peter doocy in philadelphia where the president outlined his plans that he says are fair to average americans. and in a way, stick to it the rich. peter? and neil, president biden is back of the napkin math reads like, this cut the deficit $3 trillion by raising taxes on the wealthy and on corporations by about 4.7 trillion over ten years. anybody that thinks our present federal tax system is fair, raise your hand. i m not joking. people making $400,000 a year, do you think it s fair? the president is trying to contrast himself with what he calls maga republicans who he says have no plan to preserve medicare or reduce costs. the house republican leadership responded to this all at once in a statement t

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