Detailed text transcripts for TV channel - FOXNEWS - 20100208:02:35:00
To talk about fiscal restraint this budget talks a very different story. government spending as a percentage of gdp will sky rocket to 20.4 percent in 2010. that's the highest it has been since the middle of world war ii. in the middle of the great depression when roosevelt was spending more money on federal programs spending was gdp only hit 10.5 percent at the height in 1936. shows shocking numbers don't touch on the issue of taxes. this budget according to the wall street journal contains $2 trillion worth of tax hikes. they include a repeal of the bush tax cuts on those making over 200 tho...
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