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Annual federal deficits over a trillion dollars. he will not change his tune. this is about the fundamental transformation of the nation. that is why he needs all tax rates to go up because he needs to get where the real money is which is the middle class. gregg: that debt is fundamental economics. really baffling. >> right. gregg: monica, good to see you. nice column. merry christmas to you. >> merry christmas to you too. gregg: bye-bye. heather: to a fox news alert now. we just got word to expect a news conference anytime now from police in upstate new york after a gunman opened fire at four...

It, what's going to happen to me? >> first of all, the way you sell your house has to do with capital gains. the value of your house might fall. income taxes go up, the entire economy, markets are going to worry whether the government can lead. >> i don't have any stocks. i don't care about the market. what does it mean to me, john doe. >> your tax goes up. moyer payroll taxes. >> pay rowe taxes are go up anyway obamacare kicks in and we're going to have a reduction on social security taxes. that's going to happen anyway. that's not the real issue at stake here. what we have going on with the ...

What happens to me? >> first of all, the way you sellse your house as to do with capital gains. the value ofpi your house might fall, your income taxes go up. the entire economy, business, for example, the markets are going to look at this and worry whether the government can lead. >> i don't have any stocks. let's say i don't care about the market. what does it mean tore me, john doe. >> it means your taxes go up. payroll taxes are higher. >> do you agree with that. >> your taxes go up anyway because obama care kicks in on january 1st. there are more taxes and we'll expire the reduction on so...

Resolution that also paid tribute to controversial republican legislation like the patriot act. so democrats had a choice. vote for a resolution praising legislation they oppose or vote against it and be painted as unpatriotic. it was a trap set six years ago. baldwin said at the time and she was very clear "on the the fifth anniversary of the worst attack on american soil, my republican colleagues have politicized what should have been a solemn and sincere resolution. this bill was transformed from a memorial resolution to an endorsement of president bush's failed policies. the republicans sh...

Patriot act. so democrats had a choice. vote for a resolution praising legislation they oppose or vote against it and be painted as unpatriotic. it was a trap set six years ago. baldwin said at the time and she was very clear "on the the fifth anniversary of the worst attack on american soil, my republican colleagues have politicized what should have been a solemn and sincere resolution. this bill was transformed from a memorial resolution to an endorsement of president bush's failed policies. the republicans showed disrespect to 9/11 victims by playing politics with something as solemn as the...