Detailed text transcripts for TV channel - FOXNEWS - 20121221:15:09:00
Have the votes to raise tax rates are you willing to pass a bill with a majority of democratic support at sth point? >> as i said the house has passed a bill to extend all of the current tax rates. we did it on august the 1st, it's been sitting in the senate. we pathed a bill to replace the sequester. at some point the united states senate has to do something. and what we were trying to do this week was to basically jump start and try to kick into gear some action by the senate to avert these tax increases going into effect on january 1st. >> mr. speaker, with all due respect, what impact do y...