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Detailed text transcripts for TV channel - FOXNEWS - 20121219:23:25:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20121219:23:25:00

Country. our revenue is the lowest in 60 years. the spending is highest it's been. that is not sustainable. if we fail to act, our country could find ourselves in acircumn action at the worst possible time. in the midst of a crisis. i pray to god we have the wisdom to act before that point. >> again, more than two years ago. the two commission chairs could not agree more. >> this baby apt going away. >> the plan reduces the deficit by $4 trillion. >> $4 trillion reduction in less than ten years. lawmakers called it a real start if it could pass congress. it never has. fast forward to the curre...