Detailed text transcripts for TV channel - CNN - 20110414:11:08:00
>> we keep saying $4 trillion in cuts but for every $3 in cuts he wants $1 in tax increases. getting new revenue -- >> which economic speaking is probably the formula that we're going to have to go with. >> that's why they say balanced. they say the republicans just want to cut spending. that's the ideological battle here. one side wants tax increases included and the republicans want to cut spending. >> you don't have enough money to put a dent in the deficit if you only do one or the other. >> the national debt, no matter what, just keeps going up. we're talking about cutting deficits. but w...
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