Detailed text transcripts for TV channel - FOXNEWS - 20110418:10:18:00
That choir. you can tell them, you can have everything you ever wanted and the other half will pay for it. maybe that's good politics but it's lousy economics. >> but you also have the option, either you can raise taxes on somebody or everybody or simply cut spending. >> yes. >> on big, important programs. >> of course. look, that's what's required. isn't it? this is not -- i don't think this is a revenue and a tax problem. this is a spending problem. >> absolutely. >> we have spent ourselves into a $1.6 trillion deficit this year. we've got to cut that spending to get out of that hole. we sho...
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