Detailed text transcripts for TV channel - FOXNEWS - 20130219:16:27:00
Budget over the decade. moments ago i smoke with allen simpson and erskine bowles and asked them about this new plan. >> it's called a plan for america, and we hope it will be adopted by people who have chosen to be americans instead of just democrats or republicans. >> it reduces deficit over the next decade by $2.4 trillion. that is enough to stabilize the debt at less than 70% of gdp and most importantly keep it on a downward path as a percent of the economy. a quarter of it comes from revenue, a quarter of it comes from healthcare spending cuts, and another half of it comes from cuts in th...
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