Detailed text transcripts for TV channel - FOXNEWS - 20101206:04:08:00
Obama's plan. what happens now. we have until the end of the year, don't we? >> we need to get it done quickly. because the tax tables are published. the longer they stay like this. family immediately, family of four with $40,000 annual income will pay $271 new dollars in taxes starting january. one thing that could happen and the democrats know it will eventually happen, two-year extension on all tax cut and permanent extension, forever ending of tax increase for the middle class. >> but if the bush cuts stay in place, if they're made permanent, we are talking about $680 billion price tag ove...