Detailed text transcripts for TV channel - FOXNEWS - 20130115:21:02:00
Budget cuts. we have a senior capitol hill producesser in the thick of t. we will have the guy behind that amendment in just a second. first to chad on where this aid is going now. what can you tell us? >> reporter: this is an amendment on the floor right now, offered by republican congressman nick mulvane tow institute an christmas-the-board cut of 1 pbt.6% of all discretionary spending, the funding that congress is responsible for each year, including defense. what mulvaney wants to do with this amendment is offset some of the costs of the sandy bill, worth $17 billion. mulvaney said, look, ...