Detailed text transcripts for TV channel - FOXNEWS - 20110915:00:02:00
New report from the census bureau says 15% of the american families now live below the porstd line that is they bring in less than 22,$300 a year that stat is misleading because most americans are in debt. according to the american debt advisory organization, 80% of us, 80% owe money to creditors. and while the median income is about $50,000 in the u.s.a., the amount of money we owe can't be covered by our salaries. especially because of the tax situation. now, the obama administration says it will continue the peril tax cut for working americans while it wants to increase the income fax rate ...