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Detailed text transcripts for TV channel - FOXNEWS - 20121222:23:22:00

About raising taxes on the rich. but, you know, it is like having a dad with a college daughter and they need to cut up the credit cards if they are spending too much. you have to cut the spending in order to get the the trillion-dollar debts under control, $16 trillion rick: could it backfire for the president? it seems like, he feels like he has the wind in his sails and looks like all the stars, politically speaking are aligned for democrats. and for the president. but could he overplay it? look, this is a high-risk poker game. if you are the president, again, you feel like you litigated this tax issue, certainly during the campaign and won and by and large has substantial margins in his favor relative to republicans in congress, now we get to january 1, it s not a cliff, as you know, there is a slope and it is a fairly ....

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