Detailed text transcripts for TV channel - CNN - 20110127:00:20:00
Spurs, that's what government needs to do. but the problem is is, you know, we're spending $3.6 trillion a year. our deficit has just been re-released by the cbo, it'll be $1.5 trillion this year. we've got a very serious spending and debt problem. we need to address that. government can't be spending money on everything it wants to spend money on. >> is that the line for you, priorities line and do you see a way to draw that line that keeps some of the president's investment or new spending agenda if you get the other cuts or is it simply the deficit is too big, mr. president, you have to wai...
Source: news source