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Detailed text transcripts for TV channel - FOXNEWS - 20121219:17:18:00

Years. now, the notion that we would not do that, but instead the speaker would run a play that cuts keeps tax cuts for folks making 500 or 700 or 800 or $900,000 a year, and gives more tax breaks to millionaires and billionaires, and raises taxes on middle class families, and then has no cuts in it, which is what he says he wants, doesn t make much sense. i mean, let s just think about the logic for a second. they are thinking about voting for raising taxes, at least on folks over a million, which they say they don t want to do, but they are going to reject spending cuts that they say they do want to do. that defies logic. there is no explanation for ....

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Detailed text transcripts for TV channel - FOXNEWS - 20121219:17:13:00

You know, a question that you re going to have to address to them. i remain optimistic, though, because if you look at what the speaker has proposed, he s conceded that income tax rates should go up, except right now he only wants to have them go up for millionaires. if you re making 900,000, somehow he thinks that you can t afford to pay a little more in taxes. but the principle that rates are going to need to go up, he s conceded. i ve said i m willing to make some cuts. what separates us is probably a few hundred billion dollars. the idea that we would put our economy at risk because you can t bridge that gap doesn t make a lot of sense. so, i m going to continue to talk to the speaker and the other leaders up in congress, but ultimately they ve got to do their job. right now their job is to make sure the middle class taxes do not go up, and that we have a ....

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Detailed text transcripts for TV channel - FOXNEWS - 20121219:17:32:00

Was, you know, 2,050-cents of spending cuts for every revenue increase and that is an approach i think most americans think is appropriate. but i will not negotiate around the debt ceiling. we will not do that again. thank you, mr. president. getting back to the gun issue you alluded to fact that the washington doesn t have latest in the world. what makes you think this will be different given passage of time and political power of gun rights people? this will not be a commission. joe is going to gather up some key cabinet members who will have an interest in this issue. we re going to reach out to a bunch of stakeholders. we re going to be reaching out to members of congress who have an interest in this issue. it s not if we start from ....

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Detailed text transcripts for TV channel - MSNBC - 20121219:17:36:00

That we re going to be serious about making sure that something like newtown or aurora doesn t happen again. and there is a big chunk of space between what, you know, the second amendment means and having no rules at all. and that space is what joe s going to be working on to try to identify where we can find some common ground. so i ve got i m going to take one last question. go ahead, jay. reporter: it seems, to a lot of observers, that you made the political calculation in 2008 and 2012 not to talk about gun violence. you had your position on renewing the ban on semi-automatic rifles, that then-senator biden put into place, but you didn t do much about it. ....

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Detailed text transcripts for TV channel - MSNBC - 20121219:22:20:00

Him saying compromise is doable. let s watch him again. more on the president today. what separates us is probably a few hundred million dollars. the idea that we would put our economy at risk because you can t bridge that gap doesn t make a lot of sense. so i m going to continue to talk to the speaker and the other leaders up in congress. but ultimately they ve got to do their job. right now their job is to make sure the middle class taxes do not go up. and that we have a balanced, responsible package of deficit reduction. it is there for all to see. it is a deal that can get done. joan, it s a bit like a sumo wrestling match, a sport i know nothing about except what it looks like. two giant guys moving around each other not actually engaging. i get a sense that the president is pretty confident that he has the upper hand here. and i get a sense from boehner who really is a guy who gives it ....

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