Detailed text transcripts for TV channel - FOXNEWS - 20120412:20:18:00
>> let's be clear the president did say it was going do "stabilize our debt and deficit for the next decade." he said that in the fall at a rally where he introduced the buffett route. and over the next decade the joint commission on taxation says if it was enacted it would generate $47 billion in additional revenue starting with $1 billion this year. during the same time the plan is to spend $46.7 trillion. and in the process, he would add to the debt $9.6 trillion, or 9.6 -- 96,700 billion. so it was he who first offered this last year saying, again, it will stabilize our debt and deficit. >...
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