Detailed text transcripts for TV channel - FOXNEWS - 20121229:19:30:00
Severe weather warnings. and as america deals with a fiscal crisis, france is facing its own battle. a high court just throwing out a plan to tax the wealthy at 75%, saying it's unfair. it was a measure president francois hollande would help cut the deficit budget. the court took issue with not with the tax, but taxing household equally. and for the latest headlines log onto foxnews.com. you're watching the most powerful name in news, fox news channel. >> paul: welcome back to this special he edition, journal he had t.editorial report. and this year continued high unemployment and slow economi...