Detailed text transcripts for TV channel - FOXNEWS - 20100731:12:27:00
State of california budget. it bring not one cent. instead every city and county of the state in which there are 478 can come up with their own taxing and regulatory scheme and it would create chaos in thitate of california. we need to look at the challenges of tobacco. that generates 25 billion in revenue in the country. health care costs associated with tobacco over 250 billion. and you said that because the state of the california is not allowed to tax it but individual cities and towns are. that is a good point. we appreciate you sharing your thoughts. thank you. >> coming up on the show...