Detailed text transcripts for TV channel - FOXNEWS - 20100906:06:23:00 : vimarsana.com

Detailed text transcripts for TV channel - FOXNEWS - 20100906:06:23:00

a deathbed conversion. there have been a series of tax cuts for businesses but in looking at the pace of the recovery, thank goodness we're not shrinking, we're growing. the president will announced additional steps to get us growing again. the politics will take care of themselves on this. the issue is we have economy that was shrinking and now growing. what can we do to accelerate the pace of growth? >> chris: you say it's not deathbed conversion but it takes place less than two months before the election. it feels like this is more about the election than the economy. >> here is why i argue with that. you call it a deathbed conversion. >> chris: i didn't. >> somebody would. >> chris: senator mccain did. >> if the president had not been doing targeted tax credit to help small business from the first day he was in office, so there have been eight tax cuts already going to small business. the hiring act was the recent one last spring. folks on the team charted, g.d.p. shrinking, losing 750,000 jobs a month and now turned to positive. but we all agree we want it to be positive with more acceleration. so at every step along the way, we're going to look to see what we can do more that will be smart to juice this innovation economy that is why america is -- >> chris: you just heard john mccain's position. you're quite right it has changed from 2001 and 2003 on the bush tax cuts for the wealthy. the fact is, a growing number of democrats agree with republicans. it would be a mistake to raise taxes on anyone in the middle of this weak recovery.

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