Detailed text transcripts for TV channel - FOXNEWS - 20100202:09:39:00
Because if the hard earned tax dollars can be treated like monopoly money. >> the president is going to have to be consistent and clear. he can't spend big part of his state of the union talking about more spending programs and then say that we're -- we have got a serious deficit problem. >> bret: the president, the administration submitted a 3. trillion-dollar budget proposal to congress today. that means the proposal has it at $1.6 trillion deficits for the following year. here is a quick breakdown of the numbers. the receipts are taxes are scheduled to rise from 14.8% of the gross domestic ...