Detailed text transcripts for TV channel - FOXNEWS - 20130226:02:40:00
1.10 trillion in cuts over ten years. >> for growth. >> so every year, we have the thing called baseline budgeting and i'll let you explain it to people. >> the budget is going up. several percentage points a year and we're slowing down the rate of growth. and now, in the first year, there's a little bit of dip in spending, and some budgets they want to look at, but interestingly, all of these budgets went up 17%, under obama and now they're going to come down 2.6% and still above when he came it into office and i present add plan it that would allow us to do this without any layoffs. we have ...