Detailed text transcripts for TV channel - FOXNEWS - 20120122:23:29:00
Deficit problem. the facts are this: the president would never say yes to fundamental reform of our tax code. he asked for more revenue. i told the president, i'll put i revenues on the table, but onlyt if we're going to have fundamental reform of ourf entitlement program. the president would never say yes. and then he wanted a trillion dollars worth of new taxes. the problem in washington is there is too much spending. we've got to get our arms around it. m the republicans in the house and senate are committed to real reform ofd our entitlement programs and real controls on spending here in w...