Detailed text transcripts for TV channel - FOXNEWS - 20121217:11:26:00
On an issue principle and said you can raise tax rates on wealthy people . previously he said we'll get more money out of limiting deductions. it is an important move and a step to a deal by speaker boehner. you can have higher tax rates on mechanics - incomes of a million and matched the principle of president obama. two sides are still far apart but they united on the principle of higher tax rate. >> gretchen: there were republicans saying you will not get away without raising tax rates on people making over a million dollars . >> yes. >> gretchen: i am wondering in the private meetings the ...