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Detailed text transcripts for TV channel - FOXNEWS - 20121107:23:08:00

For, would actually increase taxes on small businesses by $50 billion a year. in 2010, president obama extened all the tax cuts. now the economy is growing at 2%. mr. obama is forging ahead and senator reid argues he has a mandate to do so. the president campaigned around the country. saying we know what the problems are with the fiscal problem. we just need re-knew. the speaker of the house says the increased revenues are fine depending where they come from. for the purpose of the bipartisan agreement, begins to the problem, we are willing to accept new re-knew under the right conditions. reporter: meaning new revenue from growth and reform, not the tax increases. he points to the bipartisan 1986 reagan reform, which eliminated tax deductions to ....

President Obama , 0 Billion , 50 Billion , Harry Reid , Tax Cuts , Tax Increases , Tax Deductions , Reagan Reform ,