Detailed text transcripts for TV channel - FOXNEWS - 20130502:22:21:00
Taxpayer . we want to tank the tepid housing recovery. >> president obama proposed a way of making those decisions by capping deductions at 28 percent. >> it is mortgage interest and 28 cents back. at the moment it is based on a marginal tax rate and they would get 40 cents back. >> you get to decide where it goes. >> it violates the president's long standing pledge on families making less than $250,000 a year . families making more than $223,000 a year . republicans want tax reforms to reduce the deficit and lower tax rates. >> the administration is happy with broadening the base. we have see...
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