Detailed text transcripts for TV channel - FOXNEWS - 20110216:07:10:00
Forward some tough choices, some significant spending cuts so that by the middle of this decade our annual spending will match our annual revenues. we will not be adding more to the national debt. >> glenn: that is fantastic. our spending to match our revenues. that is great. all you have to do is go to president obama's budget, page 171 to see him tell the truth. here are the receipts. these are the things that are revenues and these outlays are our spending. receipts and outlay. s. here is the deficit. bad one, 1.6 and 1.1. 2013 we're up to the middle of the decade, 768 and then -- well