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Detailed text transcripts for TV channel - FOXNEWS - 20110125:16:05:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110125:16:05:00

We are bankrupting this nation, and for us, that's certainly what we ought to use that moment for, to establish that hard spending cap. once we've done that, then congress is going to be forced to prioritize spending, and that's when the real games begin. jenna: so the house has been talking about rolling back discretionary spending to levels of 2008, and maybe even lower than that. can we use that same model when we talk about cutting spending for entitlements, can we say we'll roll back entitlement spend to go a certain year or time period? >> first of all what i'd like to do is put entitlem...