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Detailed text transcripts for TV channel - FOXNEWS - 20101103:06:47:00

welcome back, a big night for republicans in the house of representatives, as well as the united states senate. joining us now to talk about it, a fox news contributor. michael, 48%, according to our exit polls, want to repeal the health care law. 40% want to keep the bush tax cuts. given the gains by republicans, what happens to those two issues? i think the tax cut issue has to be resolved by this congress because the tax cuts expire and the new congress doesn t take office until january 3. i think that it s clearly, it s clearly indicated that even in the last in the outgoing congress, the votes were not there to renew just the tax cuts of those under $250,000. the votes were there to renew all the tax cuts and i think ....

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Detailed text transcripts for TV channel - FOXNEWS - 20101103:06:55:00

Had on your panel, put to rest the issue of the bush era tax cuts. i hope he proposes a one- or two-year extension of the upper income tax cuts, making the others permanent, put that behind us. and the president appointed a deficit reduction panel and their report is due on december 1. that will be the real test of bipartisanship. if they can reach an agreement, we will see if the republicans and the democrats can sit down and really try to work on this. i hope they can. but i want to disagree with one thing that michael said. i don t think you are going to see the democrats moving to the left. i think the democrat want to have a chance to come back. they, you know, hope springs eterg, the republicans were down for two elections. they came back in the house. i think the democrats will move to the center and encourage the president to move to the center and see if we can work with the republicans and see what happens. center, perhaps, but moderate democrats took a hit tonight no que ....

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Detailed text transcripts for TV channel - FOXNEWS - 20101103:06:43:00

Page and he is going to take a page from president clinton and tomorrow, i think you will see a more humble obama. before a break, adam, i want to ask about lessons learned, obviously for democrats, but what about for republicans? i think the lessons for republicans, first of all, comes from in thees, which is don t take this as a mandate. don t take this as the country fell in love with republicans. this is an anti-democrat, anti-obama vote. but understand that voters are fickle. they are not in love with you. now roll up your sleeves and get things done. not a major endorsement. not a major endorsement for the republicans and i thought yawn boehner did a great job, very humble, very modest. i thought he spoke beautifully. we will mention that and we will get to michael verone. lots to talk you about. ....

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