Detailed text transcripts for TV channel - FOXNEWS - 20121213:16:26:00
While the president promised the american people a balanced approach hess proposals have been anything but. he wants far more in tax hikes than in spending cuts. instead of beginning to solve our debt problem he wants new stimulus spending and the ability to raise the debt limit whenever he wants without any cuts or reforms. that's clear the president is just not serious about cutting spending, but spending is the problem. how big of a problem? look at this chart put together by paul ryan and the budget committee. this line is the current baseline for revenue. here if the president got everyth...
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