Morsi Appointee News Today

1.10 trillion in cuts over ten years. >> for growth. >> so every year, we have the thing called baseline budgeting and ill let you explain it to people. >> the budget is going up. several percentage points a year and were slowing down the rate of growth. and now, in the first year, theres a little bit of dip in spending, and some budgets they want to look at, but interestingly, all of these budgets went up 17%, under obama and now theyre going to come down 2.6% and still above when he came it in...