Detailed text transcripts for TV channel - FOXNEWS - 20130306:16:42:00
Programs and eliminate deficits within 10 years. but a major dilemma is standing in the way. finding consensus on changes to long-standing promises to the public like raising the medicare retirement age, for instance, or enacting massive tax hikes on future generations to pay for those benefits for seniors. jim angle is live in washington with a look at the task ahead. reporter: yes, it is an ugly one, jon. babies who can't count yet have nasty surprise coming when i start working and paying taxes. we will have to cover unfunded promises of some $35 trillion. let's take a listen. >> we are unw...
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