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Detailed text transcripts for TV channel - CNN - 20120109:08:19:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20120109:08:19:00

Saudi arabia, iran, venezuela. two-thirds of the government revenue from that would go to debt reduction and the opaying off the debt. one-third would go for infrastructure which would give you the act to have an infrastructure program that would actually get us back on track. and you look at places like the highways you're describing, the bridges, if you don't have some systematic investment program then you're not going to be able, i think, to compete with china and india. >> governor huntsman, where's the money going to come from? >> we've got to earn our way forward. there's no question ab...

Detailed text transcripts for TV channel - CNN - 20120109:08:23:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20120109:08:23:00

We have to rein in the scale of the federal government. so we do need to have our employer tax rates brought down to be competitive with other nations. that's about 25%. we also have to make sure we give relief to people who need it most. the people that have been hurt in the obama economy are the people in the middle class. and so i've put in place the significant savings incentive. tax reduction. i eliminate any tax on savings for middle income americans. no tax on interest, dividends or capital gains, but i look long term to do what jon indicated. take bowles/simpson and reduce the rates in...

Detailed text transcripts for TV channel - CNN - 20120109:05:20:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20120109:05:20:00

That. we're providing people more in the way of real opportunity. but think of where this country would be if during the first two years of barack obama, you would -- it would have had a different president. i would have ripped open the tax code and i would have done what simpson/bowles recommended to the tune of $1.1 billion. we've got a corrupt tax code. you've got to say how are you going to pay for it? we've got to stimulate some confidence in the creative class in this country. right now, they're sitting on their hands. and they're not going to have a more optimistic view of our direction...

Detailed text transcripts for TV channel - CNN - 20120109:05:23:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20120109:05:23:00

Consumed 27% of our economy, about a quarter. today it consumes 37% of our economy. we're only inches away from no longer being a free economy. and our democrat friends wants us to just keep raising taxes a little more. just give us a little more. government is already too big. we have to rein in the scale of the federal government. so we do need to have our employer tax rates brought down to be competitive with other nations. that's about 25%. we also have to make sure we give relief to people who need it most. the people that have been hurt in the obama economy are the people in the middle c...

Detailed text transcripts for TV channel - CNN - 20120109:02:24:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20120109:02:24:00

We have to rein in the scale of the federal government. so we do need to have our employer tax rates brought down to be competitive with other nations. that's about 25%. we also have to make sure we give relief to people who need it most. the people that have been hurt in the obama economy are the people in the middle class. and so i've put in place the significant savings incentive. tax reduction. i eliminate any tax on savings for middle income americans. no tax on interest, dividends or capital gains, but i look long term to do what jon indicated. take bowles/simpson and reduce the number o...