Detailed text transcripts for TV channel - FOXNEWS - 20110215:00:11:00
Infrastructure. here is white house insider mellowed barnes. >> the president is responding to the big challenges that face the nation. and by doing that he is saying, look, we have got to cut in some places but we have to really focus on reducing our deficit. at the same time we have got to focus on investments. focus on the kind of spending that brings us big returns. places where we can create jobs. >> bottom line white house insiders know this is only the start of the conversation on spending, a conversation that is likely to get ugly in the days and weeks ahead. shep? >> shepard: mike ema...
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