Detailed text transcripts for TV channel - FOXNEWS - 20110920:08:38:00
>> bret: president obama today and speaker boehner responding to the new deficit plan out of the white house. here are some bullet points from that plan. first, the expiration of tax cuts for single taxpayers making over 2 auto hundred thousand dollars and 250,000. these are the bush tax cuts they would go away 2013. reduce value of itemized detections for 28% for families with incomes over $250,000. tax carried profits, interest as ordinary income. eliminate oil and gas tax preferences and close business loopholes and broaden the business tax base. we will talk about this and explain it all a...
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