president put into place is actually made it worse including the fact that obama care is causing small employers not to hire because of rising healthcare costs. gas prices have doubled. the middle class is being buried under this administration. the vice president said it aptly and it is true. chris: let s turn to a couple of issues that came up during the debate. obviously the jobs report came out after the debeat. both sides saying that the other candidate is lying about h his position and let s start with taxes. governor, the president keeps saying that mitt romney is proposing a $5 trillion tax cut. that is not true. chris, wait a minute here. the governor, i mean former governor romney is proposing a 20% cut to income taxes including income taxes for the wealthiest of americans and i believe a 30% cut to corporate income taxes including for people like big oil that are socking all of us at the pump reit now. any economist may debate
Detailed text transcripts for TV channel - MSNBC - 20121006:19:06:00
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Detailed text transcripts for TV channel - FOXNEWS - 20121007:18:09:00
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expect. i notice how the white house is framing this, the corporate jets and hedge fund loopholes is the white house s position still going to be that the middle class doesn t have to face any higher taxes? even though we re doubling people on medicare and social security as the boomers retire? if we do this in a balanced way, we don t have to increase taxes on the middle class. the president has been firm. in fact he thinks we need to extend the payroll tax so families have additional money going into their pockets. the mid still class has sacrificed enough. the republican budget that was put on the table gave wealthy americans $200,000 in tax breaks, but increased costs on