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Detailed text transcripts for TV channel - FOXNEWS - 20110216:23:01:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110216:23:01:00

Fiscal carnage on capitol hill. good evening. >> reporter: in the quest to cut more than $60 billion from current spending congress today approved an amendment that would de-fund a back up engine for the ficht 35 joint fighter jet. it could cost a lot of jobs and would save more than $3 billion over the next couple of years on a jet engine the pentagon said they didn't want in the first place. >> when it comes to cutting programs by democrats, the left is fighting back from those that jobs could be lost. >> this is deeper than what we have faced before. >> reporter: democrats blasted the plan ...

Detailed text transcripts for TV channel - MSNBC - 20110215:05:20:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20110215:05:20:00

Put out follows the military's advice and eliminates funding for the engine that the military does not want. house republicans on the other hand want to keep it. they are spending plan and they have $450 million for the random back up engine. the military brass gave a press conference. military brass gave a press conference detailing the list of things they don't want that congress keeps making them take anyway. only in america. >> we consider an unconsider and extravagant expense. they payers are spending $28 million a month for a program slated for termination >> he will look at all options ...

Detailed text transcripts for TV channel - MSNBC - 20110215:05:19:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20110215:05:19:00

This for example is the strike fighter and a very, very fancy fighter jet. it is the subject of a lot of advertising in washington, d.c. publications. why does it star and get so much attention? congress decided in its wisdom it wants to fund part of this plane that the pentagon does not want. this comes with a spare engine. the way congress designed this right now for every joint strike fighter that is built, there is a back up engine too. why do you need a back up engine? good question. the pentagon doesn't know either they don't want it. despite the fact that they do not want it, congress k...

Detailed text transcripts for TV channel - FOXNEWS - 20110217:09:01:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110217:09:01:00

Good evening. >> reporter: in the quest to cut more than $60 billion from current spending congress today approved an amendment that would de-fund a back up engine for the ficht 35 joint fighter jet. it could cost a lot of jobs and would save more than $3 billion over the next couple of years on a jet engine the pentagon said they didn't want in the first place. >> when it comes to cutting programs by democrats, the left is fighting back from those that jobs could be lost. >> this is deeper than what we have faced before. >> reporter: democrats blasted the plan to eliminate the budget for corp...