Detailed text transcripts for TV channel - FOXNEWS - 20121231:16:19:00
Increase this bill and basically that is going to be a problem when house conservatives hear that this is actually going to increase the deficit. there will also be a problem for the credit rating agencies who have warned congress they may downgrade the nation once again, that is going to be the problem here. that is the delicate thing that mitch mcconnell and joe biden have to do. they have to get a deal. we are talking smaller and smaller deal and that is going to be a problem, because this may not actually reduce spending. >> reporter: really quickly, though, people wonder why the negotiati...
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