Detailed text transcripts for TV channel - FOXNEWS - 20111206:14:17:00
Americans could see their taxes go up if they don't get a deal. the democratic plan, if you make $50,000 a year you get $1500 tax cut. if you make $200,000 a year, you get at $6,000 tax cut. republicans will give $1,000 tax cut to those making $50,000 a year and $4,000 tax cut to those making 200,000 or greater. for republicans what happened to the argument cutting spending or paying for the things we are covering in washington today? is that argument getting through? >> well, i think in the end that is, what will come down to, because when these tax cuts expire on december 31st, obviously you...