Detailed text transcripts for TV channel - FOXNEWS - 20110416:05:26:00
Multi-year forecast of the baseline. that means they said cut 38 billion dollars out of the budget it will take a while to figure out how much is cuts this year that will be -- that will show up next year and in subsequent years. they made no effort, that 352 number is discretionary spending only. it includes none of the mandatory in a separate report cbo says we acknowledge you are cutting 500 million dollars in this year's expenditure for a panner to pell grant that will save eight billion dollars additional above and beyond the 38 billion we are cutting out of this years's budget authority ...