Detailed text transcripts for TV channel - CNN - 20120108:15:21:00
Retirees and you don't pay for them, this is the problem that you're going to run into. >> mike, you think these cuts will go through, bottom line? >> i do. i think that the roughly $400 hundred billion, $450 billion over ten years in cuts make good sense. the harder question is, can you really increase them much beyond that? here larry and i disagree a bit. in a sense, here the obama administration has internal discord within its own thinking because on the one hand they're proposing this $400 hundred billion package which has become a moderate package. on the other hand, obama has no way out...