Detailed text transcripts for TV channel - FOXNEWS - 20101211:06:03:00
Tax cuts, extending them, but you to offset them with spending cuts is that correct? >> no, not the income tax rate cuts, keeping them the same, no, i don't think you have to offset letting people keep more of their own money. with regard to unemployment extension, yes we republicans have said all along that if we are going to do it, we should offset. that's a 57 billion dollar item. with social security, it is a little different that's a dedicated tax for a dedicated purpose. we may well want to do this. if we do, let's at the same time recalculate benefits on the other side or recognize that...
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