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Detailed text transcripts for TV channel - FOXNEWS - 20111006:17:37:00

this situation where they said you can t win here. you have to cut spending, you have to cut the deficit which incidentally economists agree in a recession economy, that s the time when you, like it or not, need government. republicans say you ve got to do it, so obama has two choices megyn: they want to put money finish. cut the middle class or raise taxes on the rich. megyn: it s ideologically inconsistent. should you be for spending and no new taxes? because the president is saying, let s spend, and let s hike taxes, one of which would put money into the economy, and one of which would take it out. actually, it does neither. i m sorry, it does one of the two. it redistricts wealth from one quarter to another, and it takes megyn: aren t they wealthy enough? they re wealthy enough. megyn: that s what the president says. they have a lot of money. if you taxed by the numbers, not the talking points, if you taxed everybody in all those categories including 100,000-naires, you

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