Detailed text transcripts for TV channel - FOXNEWS - 20130225:14:03:00
See questions operation is a -- sequestration is terrible way to cut spending i don't disagree. not to cut money out of the budget when it is twice as big as it was ten years ago. give me a break. bill: doug, what is the likelihood this sequester kicks in friday? >> reporter: bill, it seems a growing consensus the sequester will indeed happen and $5 billion in spending cuts will take effect friday. the bigger question is how much the cuts will cost? listen to this brief exchange on "fox news sunday". >> it will kick in at pro rata rate. you will not see $85 billion all of sudden slipping from ...