Detailed text transcripts for TV channel - FOXNEWS - 20121114:23:15:00
Chief congressional correspondent mike emanuel tonight on the prospects for some kind of compromise. >> with the u.s. economy due to hit the fiscal cliff, trillion of tax increases and spending cuts, president obama called for a catch henceive deal and said he is not going to one on the top 2%. >> we cannot afford to extend the bush tax cuts for the wealthy. we can make sure that middle class taxes don't go up. if we get that in place we are removing half of the fiscal cliff. >> speaker john boehner offered what he considers a balanced approach generating the revenue from tax reform and entitl...