Detailed text transcripts for TV channel - FOXNEWS - 20120526:14:01:00
>> what is that going to do to the economy? what is that going to do to us? to americans? >> first off this is the cboe making and estimate. if they say seven months we probably started three months guy based on their track record. we are at sort of the marginal return point here where because of slowing where you do the double whammy of tax them again and have 6 or $8 billion sucked out of a $15 trillion economy we don't have the bandwidth and we will be in a recession. >> and it was the cbo of course, the cockial budget office. >> i'm sorry. >> that's okay. jonas, are you worried the tax hik...