Detailed text transcripts for TV channel - FOXNEWS - 20111223:19:08:00
See this downward spiral in the economy? >> well, certainly washington isn't helping right now. you're right we've had gridlock in washington now for over a yore where almost nothing got down. one ever the untold stories is that we just completed the budget. that got overshadowed by this tax debate. but you know what, they didn't -- after all the fracas this year they didn't actually cut any spending. all the programs survived. there were very few program terminations. the entitlement programs were not touched at all. it was almost like a lost year of dealing with this enormous deficit. i just...
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