Detailed text transcripts for TV channel - FOXNEWS - 20120914:22:24:00
Today how it would implement $1.2 trillion in cuts over ten years starting with $110 billion next year alone. half from domestic programs, half from defense spending. some programs would be excepted such as the veteran benefit and medical care and salary of military personnel. >> you certainly don't want people serving the country overseas to see a pay cut for no apparent reason. president will except the military personnel account. >> aside from that and other exemptions in the law white house sid it would cut defense spendingedly 9.4% and nondefense spending by 8.#%. some think a deal may be...