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CNNW Anderson Cooper 360 November 22, 2011

out front tonight we re live from washington as ee get ready for the big debate tomorrow night. there s a super failure tonight. such failure that the leaders of the super committee didn t even face the press. they issued a statement. which read in part, despite our inability to bridge the committee s significant differences, we end this process united in our belief that the nation s fiscal crisis must be addressed. they didn t say by someone else. but they kind of did. they agreed on one thing that they who had the mandate to do a deal with a simple majority would all kick the can down the road. even though we are in a crisis. that is pretty audacious. super committee, you had the power as they say, if not you then who? if not now, then when? the super committee was told to cut 2.6% of the budget over ten years. that s it. 2.6%. and they couldn t do it. the president did approach a camera to say he would veto what john mccain had suggested, which was to halt the auto ....

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CNNW Erin Burnett OutFront November 22, 2011

his first bomb. his targets, veterans, police and the post office. let s go out front. i m erin burnett. out front tonight we re live from washington as ee get ready for the big debate tomorrow night. there s a super failure tonight. such failure that the leaders of the super committee didn t even face the press. they issued a statement. which read in part, despite our inability to bridge the committee s significant differences, we end this process united in our belief that the nation s fiscal crisis must be addressed. they didn t say by someone else. but they kind of did. they agreed on one thing that they who had the mandate to do a deal with a simple majority would all kick the can down the road. even though we are in a crisis. that is pretty audacious. super committee, you had the power as they say, if not you then who? if not now, then when? they were told to cut 2.6% of the budget over ten years. they couldn t do it. the president did approach a camera to sa ....

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CNNW Erin Burnett OutFront November 22, 2011

suspect just before he built his first bomb. let s go outfront. i m erin burnett. out front tonight we re live from washington as ee get ready for the big debate tomorrow night. there s a super failure tonight. such failure that the leaders of the super committee didn t even face the press. they issued a statement. which read in part, despite our inability to bridge the committee s significant differences, we end this process united in our belief that the nation s fiscal crisis must be addressed. they didn t say by someone else. but they kind of did. they agreed on one thing that they who had the mandate to do a deal with a simple majority would all kick the can down the road. even though we are in a crisis. that is pretty audacious. super committee, you had the power as they say, if not you then who? if not now, then when? the super committee was told to cut 2.6% of the budget over ten years. that s it. 2.6%. and they couldn t do it. the president did approach a ....

Let S Go , Erin Burnett , Super Committee Didn T , Washington D C , The Press , They Didn T Say , Someone Else , Super Committee , John Mccain , 2 6 , Spending Cuts , Standard Poors , Defense Spending , Credit Rating Agency , Bill Gross , Bond Investor , Market Wizards , John Kerry , On Sunday , Meet The Press , 2 1 , Interest Rates , Retirement Nest Eggs , Standard Of Living , Each Other , Howard Behl ,

Detailed text transcripts for TV channel - FOXNEWS - 20110722:13:33:00

Institute some loophole closing perhaps a national sales tax of 1% to pay for entitlements like medicare, that kind of thing where people would wind up with more money in their pockets, individual americans, but the government would get more money because they would be taxing people more efficiently. the underground economy in this country is a $1 trillion concern. that s cash off the books, illegal alien payment, that kind of thing. if you lower the tax rates and put in a 1% sales tax that goes away. bill: you are arguing you would draw in more people across the country which ultimately would bring more revenue into washington. but you are noted a row kaight raising taxes. no, we made that quite clear. i m mad at both the left and the right here because they are both not listening to what i m ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110722:13:32:00

Later tonight. what is this about? i don t know what president obama is referring to when he uses my name but we have been consistent in telling everyone that the tax code has to be reformed. progressive income taxes the way it is structured now are harming the american economy. and part of this deal, big debt deal would be to recalibrate how americans are taxed so you would get more revenue and help the economy at the same time. you would lower the federal income tax rates and then institute some loophole closing perhaps a national sales tax of 1% to pay for entitlements like medicare, that kind of thing where people would wind up with more money in their pockets, individual americans, but the government would get more money because they would be taxing ....

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