Detailed text transcripts for TV channel - FOXNEWS - 20110518:15:36:00
Is if we cut the size of the budget what we'll be doing is having a detrimental effect on the government sector and as a result have a detriment aleffect on economic growth. in order to believe that you have to believe the expenditures were effective in stimulate growth. since i think the evidence on that is adverse, it didn't really affect growth i don't think the cuts will have any significant effect on economic growth as well. again, i would say we have to focus on the long run. jenna: just real quick, i only have about ten seconds here. since you served in government, do you have any advic...