Detailed text transcripts for TV channel - CNN - 20100411:19:48:00
>> there is paygo. for discretionary programs, there are spending caps. let's look at paygo first. >> i have long been an advocate for paygo. if someone is going to propose a tax cut, they have to pay for it. if someone is going to propose an increase in mandatory spending, they have to find a way to pay for it. >> our fiscal challenge is too great to be solved with any one step alone. last week, i signed into law the pay-go bill. it says that the united states should pay as we go and live within our means, as responsible americans do. >> this is a weak version. a strong pay-go would not exemp...
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