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Detailed text transcripts for TV channel - FOXNEWS - 20121204:06:36:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121204:06:36:00

Along. management is going to get much more of a cataclysmic situation. >> that's a good point. the longer you wait to solve tthe harder it is. if we do nothing, social security runs out of money in 2033. medicare goes broke in 2024. and to fix tyou would have to increase taxes by one-third, for the entire population or cut benefits by 28%. if do you it now, you could save the benefit stream for those who need it the most, ask people likeny pay more and reduce my benefits because kiafford to take that hit. the sooner you do it, the easier it is for us all this. problem, my biggest problem with...

Detailed text transcripts for TV channel - FOXNEWS - 20121204:06:08:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121204:06:08:00

Out there. i think we ought to start looking at the six tax brackets and bring it to 2 and flat tax this thing out. >> does that mean, i take tyou are behind the proposal. >> do i stand behind that. one thing i would want to make sure, we cannot compromise our principle, when we talk about the limited government and the growth. when we talk about fiscal responsibility, you can't compromise that. that is what has us in the problems we have right now. are the members of the caucus in the house, are they behind this? >> we just got back in today. this letter was delivered today. i am sure we will...