Detailed text transcripts for TV channel - FOXNEWS - 20110622:22:02:00
Together a deficit reduction plan. >> reporter: the cbo indicated the problems are likely to be worse. it offers a terptive scenario based on congressional actions, not in the law. for instance, under current law, the doctors treating seniors and medicare face 30% cut in fees. congress lets that take effect, the so-called doctor fix. the current law would raise taxes on the middle class in two different ways. expiration of the bush tax cut and alternative minimum tax. president obama and congress made clear they won't let the taxes go up on the middle east. given those and other political real...
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