Detailed text transcripts for TV channel - FOXNEWS - 20120105:20:06:00
And the super committee failed, sequestration is the law of the land it requires $500 billion in cuts other 10 years, and there is no plan to accommodate that. we hope we will soften that blow. >>shepard: the critics, have a number of complaints. >>guest: well, it will be interesting to see where they come from. the president has been careful here. he didn't talk a lot of numbers. we don't know, for example, how many f35 fighter jets are cut. or the number of missile defense secretary of defense -- missile defense programs are cut back. what i would cut back where it says in the document we ar...
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