Detailed text transcripts for TV channel - FOXNEWS - 20130222:03:07:00
Smarter. over the next decade the cbo forecast the discretionary spending will shrink to 29% of the budget and mandatory to 71 and the sequester is the first. this 85 billion dollars is the first of 1.2 trillion dollars in cuts that are supposed to take place over the next decade and we're increasingly cutting them out of the part of the budget that gets voted upon the discretionary part not out of the mandatory put on autopilot and you know, that's just, making it more and more difficult for us to cut. there's a way out of this and the republicans in the house in my opinion ought to take the ...