Detailed text transcripts for TV channel - FOXNEWS - 20100726:13:08:00
Americans. we have stuart varney. he makes his case how. >> reporter: he says it is necessary to raise taxes on the rich to cut the deficit. do that and we will show the world that we are serous about cutting the deficit. secretary geithner of course speaks for president obama and redistribution, ie tax the rich is at the bedroom of the president's policy. that statement from treasury secretary geithner comes just as eight out of ten economists are saying, wait a minute, the economy is slowing down. they've all ratchetted down their estimate of the sphe's per performance in the immediate futur...
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