Detailed text transcripts for TV channel - FOXNEWS - 20110708:08:04:00
Representing aviation workers and neverrers asked president obama to back off to know avail. the lessons of the 'ed 90s clear. >> the u.s. spent more money on unemployment insurance for people who lost their jobs than it raised in revenue. because of that, congress repealeddite few years later. >> they overwhelmingly voted to repeal the taxes as they and president clinton were raising the income tax rate. at the time, the senate control finance committee acknowledged the impact of the taxes saying, "industries suffered job losses and increased unemployment." the committee believes it's appropr...