Detailed text transcripts for TV channel - FOXNEWS - 20121112:02:25:00
Loopholes to cut the deficit. >> that's a way to reach the agreement. that's what many of us are saying. >> it's taking some of the money the tax expenditures through loopholes and using it as a deficit saving. >> you limit the deductions and credit and lower the limits and the rates. that's the solution. you have a draft plan you have been serving to the members of the senate is there a deal here? >> the ying and yang there has to be revenues. i haven't met a wealthy republican or democrat in tennessee that is not willing to contribute more as long as they know we solved the problem. the yi...
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