Detailed text transcripts for TV channel - FOXNEWS - 20100612:15:33:00
How can the liberals, nancy pelosi says keep on spending? >> both extremes are wrong on this, as usual. the worst thing we could is slash spending a great deal, deflationary effect in the economy. we're in a deep recession in terms of the job market. close to 10% in unemployment. we need to continue to stimulate the economy. the solution is not to cut spending or raise spending but spend smarter on things that stimulate investment a growth. we think we should cut spending to pay for that. >> cheryl: it sounds like we're going to have to cut. you have can't say both sides are right. >> both sid...