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Detailed text transcripts for TV channel - FOXNEWS - 20120320:22:02:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120320:22:02:00

Class. i don't think that's a -- that's a bait and switch the american people want to engage in. >> reporter: the republican budget calls for significant reductions in federal spending over 10 years, 5.3 trillion less than the president wants to spend. >> look at where our country is headed. look at where the president and his budget is taking the country. >> the republican budget is a prescription for economic decline and for shredding the social safety net. >> reporter: paul ryan has searched for ways to keep medicare from collapsing under trillions in unfunded liabilities. he would change n...