Detailed text transcripts for TV channel - FOXNEWS - 20120607:16:08:00
Sizable pay cut and so do a host of other government programs including long-term unemployment benefits. a fiscal hit of hundreds of billions of dollars. and that effect on the u.s. economy may be less damaging than most economists predict, at least that's what an analyst from the left-leaning center for budget and policy priorities writes, writing: the economy will not go over a cliff and immediately plunge into a great recession in the first week of january. he argues, if congress fails to reach a long-term budget deal this year to fix all these problems, lawmakers should simply address them...