Detailed text transcripts for TV channel - FOXNEWS - 20130109:14:10:00
Bill: reduces deficit by $4 billion? >> that is it. that is interest we pay on national debt one day and six hours. bill: do the percentage of 4 billion on 293 billion for one quarter. it is niecely. >> that is because we raised taxes, theoretically get more revenue on that but we raise spending. we'll extend unemployment benefits for another year. and not counted in the andy storm damage. that would be another 51 billion, if that bill passes. bill: we're going to find what democrats are willing to give when it comes to spending. >> that is the point. the cliff approaches. so who cuts spending...
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