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Detailed text transcripts for TV channel - FOXNEWS - 20120707:11:18:00

Was intended to protect the legitimacy of the court by giving the president by not striking down the president s signature legislation. but having said all of that as part of the deal, you know, the president got his law, and we got good constitutional law on the commerce clause and the necessary and proper clause on the spending power. we made some bad law on the tax power. but the timing of this is actually pretty good. because what it is teed up for the next election. this lawsuit kept this law in legitimacy and legal limbo for two years. in time for the republics to take control of the house. and now in time for a presidential election to be made about obama care. if we had lost the constitutional issues, rather than the obama care issue, it would be very hard for the electorate to respond. but by losing on obama care and winning on the constitutional issues, now the electorate gets to decide. dave: randy, that implies two things one that the republicans don t run on the econom ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120705:02:02:00

Detailed text transcripts for TV channel - FOXNEWS - 20120705:02:02:00
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Detailed text transcripts for TV channel - FOXNEWS - 20120628:14:14:00

Power under the commerce clause and necessary and proper clause. shannon has more. reporter: as we told you at the top, no under the commerce clause, no under necessary and proper, but yes it appears under the taxing power. this is the key line, the affordable care act s requirement that certain individuals pay a financial penalty for not obtaining health insurance may be reasonably characterized as a tax, because the constitution permits such a tax it is not our role to forbid it or pass upon its wisdom or fairness. that language from the chief justice sounds like no under commerce, no under necessary anr under the tax provision and the power of congress to tax that that particular reading, this survives apparently because of that language, because the constitution permits this kind of tax, not a role to forbid it or pass upon its wisdom or fairness, that is on page 44. bill: how many pages are there? is it several hundred, by the ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120628:14:11:00

reporter: as we initially read, under the commerce clause this mandate will not be upheld and it s not going to be upheld under the necessary and proper clause. we are going through the language on the tax and whether or not this would be a part of the congress power to tax. no under the commerce class, no under necessary and proper. we are getting to the tax now and getting to that portion of the opinion and there is conflict on what we say here. under the first two arguments as megyn said the mandate doesn t survive. we are trying to read now from the chief justice s opinion about whether this survives as a tax. neither the affordable care act attaches any legal consequences. stating the individual shall obtain insurance or pay a penalty does not require this to be red as a penalty. it s not a penalty. the court is saying we do read this as a tax. under the direct tax clause we are tax on going without health inch shaourbs is not like ....

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Detailed text transcripts for TV channel - MSNBC - 20120628:17:41:00

Area. now we re stuck with this unbelievable mandate on the people in the states. i think we need a new president. well, you don t get a new supreme court, though. so the court has upheld it. the mandate is deemed legal. electing a new president doesn t change the mandate and the ruling of the court that it s constitutional. yeah, but legal and constitutional is different from whether it s good. the court makes no passage on the policy. they simply said that while it s not constitutional under the commerce, or the necessary and proper clause, andrea, it is upheld under the tax clause. we haven t reviewed the opinion in full yet. it s going to take a while to do that and see what the full impact is on up. the point is, the legacy of this president now is the largest new debt in american history, $16 trillion, a terrible economy he s not improved, with 8% unemployment right now for 40 months. and now the largest new tax increase on the middle class in modern american history. and a g ....

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