Detailed text transcripts for TV channel - FOXNEWS - 20110209:17:37:00
>> tomorrow we'll unveil our budget cutting bill to fund the government from march the 4th through september 0th. again, keeping our pledge to the american people that we will cut spending. >> reporter: there are two big opportunities the republicans say looming. one is the current fiscal year's continuing resolution, funding the government for the remaining seven months. on that the president wants to freeze spending at last year's levels where republicans want cut backs to 2008 levels, a significant gap. and then there is the raising of the debt ceiling t could come sometime at end of march ...