Detailed text transcripts for TV channel - FOXNEWS - 20120301:14:09:00
>> that is coming up way down the road. down the road in the future, january of next year when all the bush tax cuts will be revoked. so you have a big tax increase. and big spending cuts imposed by congress are supposed to go into effect. you take money out of the economy with a tax increase. you take money out of the economy with a spending drop and you've got this cliff that ben bernanke was talking about. that is down the road. there is maybe a turning point for the economy in the immediate future. that is got everybody worried at the moment. martha: those rising gas prices feeding into th...
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