Detailed text transcripts for TV channel - FOXNEWS - 20120523:16:06:00
Small businesses. we've got to make sure we are doing everything we can instead to grow jobs and get this economy back on track. >> where is the president's plan to stop the largest tax increase in american history from occurring on january the 1st? >> reporter: there are automatic plans in spending in place agreed to last year. republicans say they are a blunt object and could be replaced with other cuts. democrats say there is another way. tax increases. >> so i say to the 41 republicans and senator hatch who sent me this letter, move on revenues, we could have had a deal a longtime ago. >> ...