Detailed text transcripts for TV channel - FOXNEWS - 20121219:04:16:00
Years because you don't want to shock the system. >> bill: that's nothing. >> i know. >> bill: so you're going to cut a trillion dollars over a ten-year period. $100 billion a year in spending. he doesn't tell us where. >> no. >> bill: okay. and they're going to tax everybody to get a trillion dollars over ten years in revenue. >> that doesn't include the $260 billion in taxes that will begin next year in the new year for obamacare. >> bill: explain to the folks where those taxes come from. >> those taxes come from them. the $270 billion will be across -- >> bill: 3.8% on capital gains, right?...