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Detailed text transcripts for TV channel - CNN - 20110214:22:31:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110214:22:31:00

Enacted, are so important and it's important that it be implemented. i think in this budget there's a very important provision, which i should take a minute to explain. you know, for years congress and successive administrations have been adding to the deficit by just suspending a provision in law that would cut what we pay doctors under medicare by 30%. there's a bipartisan agreement that that wouldn't be a good idea. in the past we just put it on the national credit card. what this budget says we should pay for. it put $62 billion of real proposals out there to pay for it for the next two ye...

Detailed text transcripts for TV channel - FOXNEWS - 20110214:12:40:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110214:12:40:00

Cuts and stuff like that. you aren't doing anything on that? why not? >> we have a budget that takes on every aspect of the budget. you're totally correct. you cannot fix our fiscal position just by cutting domestic discretionary spending. it's not big enough. we have to tighten our belt and we need to make savings there but need to move beyond it. this budget has savings in defense, $78 billion of savings compared to last year's budget over five years. it has savings in entitlement programs. we have $62 billion of savings in health programs to pay for medicare spending. so this budget takes o...

Detailed text transcripts for TV channel - FOXNEWS - 20110214:00:33:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110214:00:33:00

Away would that hit you. >> harris: that affects so many people and in this particular market where we've seen such a bleeding in the mortgage situation. >> it's going to be fought. >> harris: that's hard. don't you want to reward the people who have homes. >> that's a debate and this will get discussed in congress and we're not even talking about this week, they're going be to be debating. the current fiscal year, the issues, citing 100 billion. i was joking with you during the course. like lady gaga in a meat dress. the president's proposal will get attention, but it will not look the same a...

Detailed text transcripts for TV channel - CNN - 20110214:22:29:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110214:22:29:00

Budget, we do take $400 billion over the next ten years out of the portion of the budget you're describing which is annual discretionary spending. that would bring spending in that category down to the level it hasn't been at since the eisenhower administration, but we also take on defense. we cut $78 billion from the defense programs as they were outlined just a year ago, and we have savings in mandatory programs where in order to pay for medicare we have $62 billion in savings in health programs. >> so with respect there is a deficit between the deficit, our yearly red ink bill and the debt,...

Detailed text transcripts for TV channel - FOXNEWS - 20110214:15:18:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110214:15:18:00

Retiree health coverage and new jersey, has $68 billion alone, and california, has 62 billion. here's what new hampshire is doing. they have stopped financing health insurance for future retirees. >> that is good -- good first step. bill: north carolina, requiring states, working 20 years, up to 25 years. >> that is important and basically what they said is after five years of service to north carolina you were entitled to full medical -- five years, full medical benefits, what they say now is, give us 20. why not? why not give you 30? i mean, really, are basically saying, after five years you...