Detailed text transcripts for TV channel - FOXNEWS - 20110118:11:55:00
You have to make the cuts. if you have to bail out the states, there has to be a deal made with the federal government that not only are you going to change your evil ways but youll pay it back. >> is there an advantage to go bankrupt and say we cant pay our bills and cant balance the budget. were between a rock and a hard place with these unions, going bankrupt? >> i think for a lot of local governments, going bankrupt would be an easier solution sometimes than taking the hard stance and dealin...
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