Detailed text transcripts for TV channel - FOXNEWS - 20100707:20:06:00
Charlie crist and kendrick meek to appear today. they were not available. >> the guy predicting 400,000 jobs might be lost as states, cities and local governments cut back, mark zandy, moody'seconomy.com joins us now. how severe is the problem? >> very. the budget hole for fiscal year 2011 which began july 1st for most states is probably $90 billion. it's a little less than last year at this time but that's a big sum. >> the problem is really no that complex, right? it may seem complex but don't spend more than you make and there's two ways to solve it. spend less or take in more. what's the a...
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