Detailed text transcripts for TV channel - FOXNEWS - 20131212:03:03:00
We see it as a step in the right direction. >> the budget teal would spend $63 billion over the next two years. savings come at the back end of the ten-year period. we know future congresses aren't going to be beholden to the deal. it's probably going to change many times in between. this is a big criticism of washington in general. you get tax increases and all the good stuff comes later. >> there are no tax increases here. this is the nature of what we call hand toir or entitlementment or auto pilot spending. when you change the law which we are changing immediate ly that acrews savings and ...