Detailed text transcripts for TV channel - FOXNEWS - 20140302:23:35:00 : vimarsana.com

Detailed text transcripts for TV channel - FOXNEWS - 20140302:23:35:00

>> chris, look, we clearly have a growing debt problem and everybody says this is the most predictable economic crisis in the country's history. we have to deal with it. the president refuses to. if you look at his budget last year, it barely had deficit reduction relative to what would happen otherwise. in other words, there was a slight decrease in the deficit. you would hope there would be a significant one. but the only reason there was was because he had a provision in there about a more accurate measure of inflation under the cpi and social security. we now hear that he's actually going to take that out of the budget at a time when social security has a $63 billion shortfall every year, at a time again when we're told by this nonpart sap congressional budget office things are getting worse, not better. so if he takes that out as apparently he'll do businessed on the leaks because it's partisan political year, he's not going to have any can he have deficit reduction. so if that is true, boy, again, this is not responsible.he have deficit reduction. so if that is true, boy, again, this is not responsible. this is not responsive to what is really happening.

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