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Social security payments in 2008, 612 billion. in 2012, 761 billion. this can't go on. the age requirement has to be raised. the president said today that he is taking a scalpel rather than a machete to the budget. i'm not getting that the country is in dire financial trouble. it can't afford the 2012 budget. so, let's go back to 2008. simple formula, doable. and it must be done. and that's the memo. now for the top story tonight, reaction from lou dobbs in a moment. first our barack and hard place duo. dr. monica crowley and alan colmes. another brilliant memo you are down with all of it, rig...

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...

Social security payments in 2008, 612 billion. in 2012, 761 billion. this can't go on. the age requirement has to be raised. the president said today that he is taking a scalpel rather than a machete to the budget. i'm not getting that the country is in dire financial trouble. it can't afford the 2012 budget. so, let's go back to 2008. simple formula, doable. and it must be done. and that's the memo. now for the top story tonight, reaction from lou dobbs in a moment. first our barack and hard place duo. dr. monica crowley and alan colmes. another brilliant memo you are down with all of it, rig...