Detailed text transcripts for TV channel - FOXNEWS - 20160921:07:31:15
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Mandatory part of the budget you have to go in the authorizing committee, go in and change the law. discretionary part is something that congress appropriates for annually. it is getting part of it shrinking. one-sixth of it is non-defense discretionary spending. sixth is defense. interest on the debt and social security and medicare and medicaid, entitlement. mandatory. >> greta: a little more complicated. >> yeah. >> greta: taxes we understand that there is some discussion of compromise. how do you compromise? democrats wanted tax cuts to expire for those making $250,000 and republicans say ...