Detailed text transcripts for TV channel - FOXNEWS - 20110212:17:16:00
Basic infrastructure like roads and bridges. >> the president: my budget freezes annual domestic spending for the next five years. even on programs i care deeply about. which will reduce the deficit by more than 400 billion dollars over the next decade. this freeze will bring this type of spending to its lowest level as a share of the economy since dwight eisenhower was president. >> republicans say the president's spending freeze doesn't take the deficit problem seriously enough. they are calling for 100 billion in spending cuts. today's gop response orrin hatch argues obama's reduction plans...
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