Detailed text transcripts for TV channel - FOXNEWS - 20110719:20:03:00
Talking to conservative oklahomans it is a wash overall on tax deductions right if you. but the future would be that after you do this first set of reductions of rates, the dynamic effect and the income coming off of that will lower the rates further so you will ultimately see net-net tax cuts to individuals in the country. >>stuart: and we turn to the other side, the spending. do you have specifics on that. >>guest: there is $500 billion locked in initially. and there is another $2.2 trillion that will come through a process of forcing the committees to come to a certain fixed result, $500 bi...