Detailed text transcripts for TV channel - FOXNEWS - 20110127:02:17:00
As the entire federal government when ronald reagan was president in 1983. that's how much it is out of control. that's why those who want to go back to 2007 as a benchmark are on the right path this is too big a government. it needs to be shrunk this year. and the time to turn it around is now. >> sean: one of the few economists that predicted this down turn, he called this freeze spare change. if you are not going to deal with real entitlement reform how do you get to a balanced budget, especially at the high bar he has now raised in terms of new spending? >> the difference in tone and appro...