Detailed text transcripts for TV channel - FOXNEWS - 20120517:13:17:00
You say that troops make up 20 percent of our budget but they're going to pay 50 percent of the cuts. now, why would washington want that deal? >> well, a lot of us in washington don't. you know, if you keep trying to solve the decifit problem on the backs of our troops, who's going to have our backs the next time we're attacked? bill: secretary panetta says the house and folks like you are just inviting more gridlock. what do you say to that? >> no. we pass the dollars decifit reduction act which will take us on a glide path to start cutting our overall spending, on top of the $487 billion th...