Detailed text transcripts for TV channel - FOXNEWS - 20111122:23:03:00
Failed to deal with the tax reform so the bush tax cuts expire at the end of 2012 now hang in the balance. white house officials insist the president will only extend tax cuts for the middle class. not for the rich. but said the same thing last december. ended up extending all of them. shannon? >> shannon: ed henry, live at the white house. thank you, ed. washington is busy doing postmortem on the burned out carcass of the super committee. tonight, chief congressional correspondent mike emanuel looks at ramifications in one crucial area. national defense. >> after the super committee failed th...