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Detailed text transcripts for TV channel - FOXNEWS - 20111121:22:42:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111121:22:42:00

Against his own party. democrats are unhappy about but he'll do it. >> bob: what is the problem with fair share? >> greg: it's code for we want your money. we want to punish you for achieving. >> bob: i was asking dana about a reasonable position. >> dana: this is not definable. he gets to decide what the fair share is. the american people get to decide. if you look at some place like washington state last year with a referendum to increase taxes on millionaires and billionaires, it failed. 6 a 5% of the people voted against it. >> bob: when eric said baloney when the poll came up, i happen to...

Detailed text transcripts for TV channel - FOXNEWS - 20111121:22:39:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111121:22:39:00

Some people thought they'd show courage. >> kimberly: really? what are the odds? >> bob: this was boehner and the president and reid and the rest. he was involved. that was in august. >> eric: he was involved and he failed. that is why we have a super committee. he worked with the republicans to figure out a way to make spending cuts. he and bane -- >> bob: he and boehner had a deal. wait. obama was willing to cut entitlements. boehner was willing to deal with the tax increases. boehner went back and tea party said no. >> eric: selective memory. >> bob: no. >> dana: that is why -- [ overtalk ]...

Detailed text transcripts for TV channel - FOXNEWS - 20111121:22:38:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111121:22:38:00

The people were given the kind of opportunity that has never been in power given to 12 people in the history of the united states. they didn't take the opportunity. none of them had tough re-election campaigns. none of them had any particular pressure on them. they could not have dealt with. yet, they buckled. the democrats did not come forward with the entitlement cuts which have to happen. republicans if they stick with this, no taxes we're going nowhere. i blame the republicans more than democrats but i blame them both. >> dana: 60/40? >> eric: where is the president, bob? i'll say it again...

Detailed text transcripts for TV channel - FOXNEWS - 20111121:22:21:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111121:22:21:00

If you look at social security and medicaid budget from last year to this year up a huge amount of money. >> eric: it's increased $5 trillion in three years. someone called a spender it increases 5.8 years. >> bob: if you look at the way this works easy to say with a checkbook the law is you have to pay social security and medicare. what is your answer? both. both. >> eric: both. waiting for speech on the super committee. stay with "the five." we'll be right back. ♪ ♪

Detailed text transcripts for TV channel - FOXNEWS - 20111121:22:43:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111121:22:43:00

It wouldn't have an effect. my point if you say fair share, this is class warfare. you know the foundation of socialism? class warfare. >> bob: we don't have -- you can't have the class warfare when it's 99-1. not class warfare. we are talking about 1% of the people, the people we want to tax in this deal. >> kimberly: by the way, 1% is making $349,000 a year and up. >> bob: $1 million. >> dana: i think they would be willing to pay more under some conditions. give up some of the loopholes afghanistan for a flatter rate. i also think if they thought that government was for one second going to d...