Detailed text transcripts for TV channel - FOXNEWS - 20111120:11:07:00
Trillion-dollar trigger option goes into effect if they don't pass this thing. that would mean 492 billion in defense cuts. 123 in entitlements. by the way, not mentioned in any of that is the bush tax cuts. because the bush tax cuts would expire. >> that's right. we need to start calling them the bush obama tax cuts. >> because he extended them. >> he exextended them as well. >> after all these months when they were negotiating, and the people who were hand picked because they knew their way around capitol hill. they were considered good negative yearlts. they were going to go across the aisl...