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Detailed text transcripts for TV channel - FOXNEWS - 20131210:23:23:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20131210:23:23:00

Website today, this evening and we intend to bring it to the house floor later on this week. i have every reason to expect great support from our caucus because we are keeping our principals. the key is here nobody had to sacrifice their core principles. our principles are don't raise taxes an reduce the deficit. and we have concerned members about defense. the next hit from the sequester would hit solely on the military, starting in january. a lot of our members were concerned about that. so what we are doing here is providing for some sequester relief for 2014 and for 2015. and we are paving...

Detailed text transcripts for TV channel - FOXNEWS - 20131212:03:02:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20131212:03:02:00

Government spending that pays for the sequester relief over the life of the sequester which we keep 92% of the sequester. what we are saying is instead of the across the board cuts which hit only the military starting in january which is a concern of ours, we cut spending in other parts of government to pay for it. we get $85 billion in savings from the auto pilot side of government spending to pay for $63 billion in sequester relief. that gives us $23 billion of net deficit reduction. when i went into this, i had a couple of bottom lines -- keep our principles intact. no tax increases. cut sp...