Detailed text transcripts for TV channel - CNN - 20110214:22:32:00
I think this budget is the first comprehensive approach put out there with $1.1 trillion of deficit retrucks, two-thirds of it on the spending side, one-third on the revenue side. we have proposals in domestic discretionary and proposals in defense. we have proposals on these entitlements, and we have proposals on the tax side. we bring the deficit down frankly to meet the target that the deficit commission asked us to meet so weave accomplished it with a plan that we think is a sound, responsible balanced plan. we know that it won't be a plan that all agree, and there will be questions asked....
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