Detailed text transcripts for TV channel - FOXNEWS - 20110729:01:17:00
>> gretchen: freeze it or cut it by 1% which is a small amount. but freeze every year for six ould haars and then every yeart it just 1% from this year's level. and do that for sup a years and then 18% of gdp which is historic and then you get to a balaideaed blatiget. is that right? >> what is amazing about this is they want to call us radical and extreme because we are talking about saving one pen yt on the dhaola you what american family is not having to cut back at least one peecty on eve% a dhaolar becaue of family members unmany ployed, because of icklation, because of bad economic times...
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