Detailed text transcripts for TV channel - MSNBC - 20110414:13:05:00
Agencies to get into gear and have the money flowing. i haven't had a chance to study the cbo estimates but it's not surprising most of the savings come a little bit farther out. i think the important thing about the agreement is that it cuts 7.5 billion dollars in spending compared to the president's budget that was submitted a little over a year ago. that's all real and it's going to be a reduction in spending. the fact is, we need to worry about whether the outlay effects of this year or next year. we need to reduce outlays and reduce the deficit in both years. it is a reduction in spending...
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