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Detailed text transcripts for TV channel - FOXNEWS - 20110102:15:27:00

-- investigation about the t.a.r.p. and the stimulus and where the money went and in terms of the regular goigsz galatians, moving forward, for instance, you will get the epa regulation that begins today which is imposing new restrictions on new facilities, industrial facilities, plants, factories, for carbon emissions. and you will see his committee and also our other guest, fred upton, energy and commerce, holding hearings on that. and the impact that all of these regulation will have on the economy and businesses hiring people. >> eric: sounds like a hot time in the big city, coming up starting on wednesday. >> chris: as host of a sunday talk show, let me say it will be good the next few years. >> eric: you can catch the rest of what the republicans have planned for the new year. as chris sits down with house oversight committee in coming chairman darrell issa. later today on fox news sunday, he'll also talk with michigan republican congressman, new head

Money , Terms , Investigation , Regulation , Stimulus , Tarp , Instance , Forward , Goigsz-galatians , Impact , Committee , Commerce

Detailed text transcripts for TV channel - FOXNEWS - 20110102:15:25:00

news sunday this morning, chris wallace asked them about their plans for the coming year, and in coming chairman of the house oversight and government reform committee, congressman from california, darrell issa, had tough words for attorney general, eric holder and he said if holder cannot help the administration, he should step down. >> i think he needs to realize, for example, week likes, ikilea to deal with him as a criminal, otherwise the world is laughing at the paper tiger we have become and he's hurting the administration. if you are hurting the administrations, either stop hurting the administration, or leave. >> eric: joining us now is the anchor of fox news sunday. chris wallace, good morning, happy new year. >> chris: thank you, same to you, eric. >> eric: sounds like the republicans are gunning for holder. do you expect a slew of investigations? >> chris: yes. i don't know that is where the real focus will be and issa, he talked a lot about political investigations over the last two years, joe sestak, and the

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Detailed text transcripts for TV channel - FOXNEWS - 20110102:15:14:00

information on the cooperation between these two countries, but, i think our government has made a mistake for quite some time. in basically triteding iran and north korea as completely separate problems. unlike the axis of evil they really are. >> eric: how do they get away with this? there are sanctions at the united nations and not supposed to import or export this material that would help them make the nuclear bomb. >> in the case of north korea i'm afraid the record of chinese en formatted of the sanctions is not what it ought to be. and i think that the iranians are benefiting from leakages in the sanctions regime against them from talk, from russia, from brazil and venezuela and other countries as well. so they have found ways to avoid the sanctions in both cases, both cases of iran and north korea and that has allowed their cooperation both on the newark clear side and the ballistic missile side to proceed. >> eric: you talk about the ballistic missile side and look, you have two missiles, the iranian missile and the north

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Detailed text transcripts for TV channel - FOXNEWS - 20110102:15:18:00

shotgun blast. striking the deputy and fatally wounding the deputy. this is the worst day in my 24 years as the sheriff of clark county. >> eric: a tragedy for the new year, another officer was also shot during the incident, and he's in serious condition and is expected to survive. >> jamie: fasten your seatbelts, folks! 2010 was a strong year on the stock market, the dow jones industrial average jumping 11%, posting the second straight year of gains, but there will be some bumps in the road. along the way, especially when we look at 2011. let's ask brenda buttner, our senior business correspondent, the anchor of bulls & bears what, we can expect. happy new year. we liked 2010, when the markets performed the way they did. although there was a little bit of a sell off the last trading day of the year. i was following that. and, so i wonder, 2011, should

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Detailed text transcripts for TV channel - FOXNEWS - 20110102:16:56:00

comprehensive security at our airports. we're not addressing that. to say nine years after the t.s.a. put together is getting better is late. >> jamie: mike boyd wants comprehensive plan not solely in the hands of t.s.a. the message you bring today is clear. thank you very much. >> thank you. >> eric: have you heard the cash-strapped cities are saying enough when it comes to financially crippling public pensions. frustrations are boiling over even in some traditionally pro-union areas. the looming bill we all face, what it is, and what we can do about it, up next. ♪ [ male announcer ] an everyday moment can turn romantic anytime.

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Detailed text transcripts for TV channel - FOXNEWS - 20110102:16:10:00

>> eric: could the president face a primary? could a diseffected democrat jump in and challenge him for 2012, especially from the left? it happened before. l.b.j. and mccarthy. this morning the chairman of the democratic national committee says no. there have been rumblings that there should be a challenge from some to the president's re-election, but today that was written off. >> i think it's very unlikely that the president is going to face any kind of a serious primary challenge in the democratic party. you and i know that you can always get a fringe candidate or somebody to run, so could somebody throw in their name and yeah, it's possible. but the likelihood of any serious challenge to the president is virtually nil. >> eric: tim kaine says he expects to continue as the democratic national chairman for another two years. >> jamie: new york's new governor wasting little time getting down to business. andrew cuomo officially taking the oath of office this weekend and even before holding a public ceremony on

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Detailed text transcripts for TV channel - FOXNEWS - 20110102:16:45:00

we have been working on this in a serious manner. >> eric: how do you get on the list? someone has to pick up phone and call intelligence, listening in? >> the short answer yes. when you say it's easier to put names on there, it's not that you slam someone's name on it because you don't like them. there is a process and there has to be suspicion that the individual is involved in terrorist related activity. that is not a simple as it sounds, no matter what opponents may want to say about the process. talking about the watch list and i don't want to say it's efficient system. it's vastly improved and they've made evidents to change it. you are talking about intense amount of information that comes in every day.

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Detailed text transcripts for TV channel - FOXNEWS - 20110102:16:39:00

deductions and tax returns. >> eric: what is the advice generally? can you sit down and file them now or wait? >> if you are ready to go, get going with it. i'd probably wait and send it in february. wait until they're ready for them. you don't want it to get lost. >> eric: it gives the rest of us like me more time to opening the bank envelopes and go through everything. >> right. >> eric: thank you, brenda. >> thank you. >> jamie: here is a tip. if you get a refund it means you pay too much during the year. anyway, reports of new reforms to keep possible terrorists off airplanes. are changes in the terror watch list going to make us safer? we're going to ask a former c.i.a. covert operations officer that question. plus, states are crippled by the recession and looking to cut spending. too many of them. some starting with one of

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Detailed text transcripts for TV channel - FOXNEWS - 20110102:15:13:00

don't know about the reactor, it is almost certainly the case it was a three-way joint venture with iran, because both iran and north korea have a lot to gain by hiding their activities from international prying eyes. so, my guess is, particularly on uranium enrichment both benefitted from a.q. khan network and i suspect there is a lot of cooperation on uranium enrichment going on. >> eric: there are reports there is a team of iranian nuclear scientists in pyongyang observing this and helping out, do you suspect that is the case? >> yes. and i think it has been going on for a while. let's take one example. in november, north korea revealed a very sophisticated new uranium enrichment facility in the yongbyon nuclear complex, pointed it out to visiting americans and now, the facility is right out in hope to. unlike most of what north korea does under mountains somewhere, i have a feeling that that facility may be yet another joint venture with iran. we have precious little

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Detailed text transcripts for TV channel - FOXNEWS - 20110102:15:26:00

effort to get him to drop out of the specter primary. but, i think there will be more of a focus on substance, at least to begin with and one of the first areas that is going to be investigated by issa and his house oversight committee this is question of federal regulation and the impact they have on jobs and this economy. look, republicans got the message in this election, too. and that is we don't want a lot of political witch hunts, we want the economy fixed, and, obviously, the message to republicans, we want to see less intrusive government and a lot less spending and you will see them keeping their eye on the ball, at least initially. >> eric: they could be investigating such things that's stimulus package, how the money was spend it and what money was spent and where did the money go, this sort of thing? >> chris: absolutely, he already talked about that and already met with vice president biden, who was appointed, you know, the sheriff in charge of the stimulus package, and i think you'll see lots of invest gagsz

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