Detailed text transcripts for TV channel - FOXNEWS - 20110217:12:26:00
The government started spending more than they were taking in. more than the revenues starting in 2003. >> look at the graph from left to right. this is from 1970, i believe, it almost got to the surplus under president nixon and then got the surplus under clinton in the year 2000 and at the very end of that, you see those two lines split much thats the ugliness were facing now. the revenues went down with the recession. the spending went up so far and now theyre talking about spending more? whe...
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