Detailed text transcripts for TV channel - FOXNEWS - 2012062

Detailed text transcripts for TV channel - FOXNEWS - 20120628:14:31:00

the supreme court as far as i can conclude reading this very voluminous desist, this is a tax, and congress can tax. huge win for the obama administration. bigger win for the lawyers, they sat back while the politicians said this wasn't a tax. it was the lawyers that went in and said this is a tax enabling the court here to agree with them and say it's a tax. bill: we went through four questions posed to the court one hour ago. one of them on severability, greta apparently was never even addressed and did not have to be addressed because the mandate was upheld. >> that's right. bill: the item of severability is can the law stand if the mandate is taken out? i don't believe that was even addressed by the justices because item number 2 was upheld, is that accurate? >> that's irrelevant. the whole question of severability was only relevant if the mandate was tossed out. now what i haven't gone through exactly is this whole medicaid expansion issue. i don't think that was declared

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