Detailed text transcripts for TV channel - FOXNEWS - 20110216:10:02:00
Many economists saying that's far too high. there t. is also rather embarrassing that the president's own debt commission says he not doing nearly enough to solve the debt crisis. a very simple strategy. the u.s. government must go back to 2008. it must spend the same amount of money that it did before the recession hit. the budget in 2008 was 2.2 -- 2.9 trillion. almost a trillion dollars less than the 2012 proposal. the deficit in 2008 was 458 billion. 60% lower than projected deficit in 12. so let let's go back to 20088. that would mean the defense department would get 612 billion instead o...