Detailed text transcripts for TV channel - FOXNEWS - 20130207:14:37:00
Projection. they are projecting the federal government will spend over the next 10 years $47.1 trillion. that means that spending is going up across the board in every program in every department except for defense over the next couple years. we cannot go on like that. the republicans owe it to the american people to at least be that thin red line between us and total destruction. rick: did they not read the cbo reports at the white house. how can the president put forth a solution that doesn't include spending cuts. >> he says he's working towards spending cuts as part of a short-term solutio...