Detailed text transcripts for TV channel - FOXNEWS - 2012120

Detailed text transcripts for TV channel - FOXNEWS - 20121202:22:36:00

in spending, where is the republican talking about it, it isn't a mistake for republicans to say we will not raise tax rates on the high income learned but we will allow you to tax the same people more by closing loopholes and the net effect is the same thing. >> exactly, if they conceded that they are willing to do revenue any way to get a deal with the democrats, do what john and pat are talking about they will have a positive agenda. right now all they are doing is take away benefits and playing political games that as you suggest make no sense. >> in 2011 the republicans were killed on the debt crisis and sequestering. do you know who took the worst hit? president obama. he lost the race in new york. a democratic district. he lost in nevada. the president is supposed to lead. if they would do what john or doug said, saying we are for "sensible" but, mr. president, you lead, you tell us how to cut

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