Detailed text transcripts for TV channel - KGO - 20110215:11:05:00
Are driving this, either in the republican side or on the democratic side. >> reporter: president obama's budget director jack lew left the nation with a surplus. as president clinton's budget director. >> i came back ten years later to look at projections over $10 trillion over the next ten years. it's enough to break your heart. >> reporter: the national deficit in 2011 is expected to reach an all-time high of $1.65 trillion. the president's budget would increase spending on research and development, education and transportation. republicans say those are all nonstarters. rob and vinita? a...