Detailed text transcripts for TV channel - MSNBC - 20121220:16:21:00
[ inaudible ] >> the nation faces the largest tax increase in history come january 1, 2013. this bill is a bill that provides permanent tax relief for taxpayers earning $1 million and under. we protect 99.81% of american taxpayers from a tax increase in these very difficult economic times. we hope that the senate will take this bill up along with the spending reduction act and get the job done in lieu of or absent any kind of agreement coming from the white house. we are again, taking concrete actions to avoid the fiscal cliff. >> the house leader -- house majority leader eric cantor taking qu...