Detailed text transcripts for TV channel - FOXNEWS - 20121231:14:18:00
And statesman on two areas have been politically problematic for democrats going back decades, taxes and national security. gregg: yeah. even if you were to use, steve, all the new revenue for deficit reduction, it is actually so small, i think it would only pay for 3% of the deficit, which doesn't it underscore the need to stop the prove la bat spending which has actually gone up from 2.9 to 3.8 trillion in the last four years? that is a staggering rise of about 30%. >> a huge, a huge jump, and when you look at the kind of spending, not just that we need spending cuts it is the kind of spendi...
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