Detailed text transcripts for TV channel - FOXNEWS - 20100727:03:35:00
Inaccurate. the united states economy took off after newt gingrich swept congress, the house of representatives and the senate in 1994 and the economy was certain of a cap on spending. it was at that point that we achieved enormous rates of growth after the republicans in 1994. if you want to go back and be historically accurate look at the tax cuts under john f. kennedy, under ronald reagan and george h.w. bush, cut tax race and very soon after there was gigantic increase in revenues to the federal treasury reducing deficits. that's historically accurate. >> but, stuart, it is clear that aski...