Detailed text transcripts for TV channel - FOXNEWS - 20130731:04:16:00
Coming fiscal year on discretionary spending than the president's own budget agreement from july 2011 says. there's a hard cap in that budget agreement that he signed that is $967 billion. democrats want to spend 1 trillion $58 billion. the president says we need to have more of these investments. the next day, harry reid goes out and says, tax reform is off the table, we need tax increases of $1 trillion. over the course of the next decade, what is $1 trillion divided by 10? about $100 billion a year. conveniently enough to pay for the president's $91 billion in additional new spending that w...