Detailed text transcripts for TV channel - FOXNEWS - 20120508:18:25:15
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Look at the president's jobs plan which was blocked in the senate this week. here it is. 245 billion north dakota tax cuts and incentives. $140 billion in new spending on infrastructure and aid to states. 62 billion north dakota aid to the unemployed. question -- $62 billion in aid to the unemployed. >> the plan was met with a lot of resistance on both sides of the ail frankly when the president unveiled it in september. when the president spoke i said let's stop the all or nothing approach. we will not be for tax increases on small businesses, he knows that. the senate just killed the bill th...
Talk specifics. look at the president's jobs plan which was blocked in the senate this week. here it is. 245 billion north dakota tax cuts and incentives. $140 billion in new spending on infrastructure and aid to states. 62 billion north dakota aid to the unemployed. question -- $62 billion in aid to the unemployed. >> the plan was met with a lot of resistance on both sides of the ail frankly when the president unveiled it in september. when the president spoke i said let's stop the all or nothing approach. we will not be for tax increases on small businesses, he knows that. the senate just ki...
Basically, there we go, today the credit agency lowered japan's credit outlook from stable to negative. that's a warning to japan. the agency is saying if you don't act now, your debt situation is going to get even worse because of the quake and the tsunami. even before the crisis japan's debt was on course to exceed 200% of the country's gdp this year. and that is the highest level in the developed world. as for reconstruction costs, well, the agency estimates they'll come in anywhere from between $245 billion to $612 billion. that is a huge range to be sure. it's a lot of money whichever way...
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