Detailed text transcripts for TV channel - FOXNEWS - 20130212:12:48:00
Does government have a spending problem? 83% say yes. 14% say no. nancy pelosi says we don't. what does the white house think? >> no, we believe you absolutely have to bring down spending. you have to do it in a balanced way. so three points. one, we actually have cut 2 1/2 trillion dollars over the last two years. it hasn't always been pretty, but we've actually done it in a bipartisan way. about two to three of spending cuts for every dollar in revenue. but we do have further to go. we need to get another -- at least 1.5, $1.8 trillion in debt reduction. that's what the president has left on...
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