Detailed text transcripts for TV channel - FOXNEWS - 20120526:04:38:00
>> i agree with the congresswoman. we need to cut spending and reform the tax code in a way that gets rid of the loopholes so that companies like g.e. pay a fair rate, bring the rate down so we pay more and we get more money into the treasury. >> you are from g.e., you want to defend g.e.? >> yeah. i think it should be a flat rate and we haven't are the problem of who pays and what doesn't t. should be across the country in general. everyone should have a flat tax. >> congressman, is there a chance to bring this group together? in washington? can you achieve some sort of bipartisan compromise?...