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Detailed text transcripts for TV channel - FOXNEWS - 20131215:19:26:00

The auto pilot part of the government. we are permanently asking the federal workers to contribute more to their pensions so the hard-working taxpayers who pay for the pensions don t have to pay as much. that s not a permanent law change. that s not something that is a promise and might happen later. it is happening now. the savings accumulate. if god forbid we have a hillary clinton second term, we would have to change a new law. we are doing permanent law. that s the point i am trying to make. look at the details of those who are criticizing it. it is keeping our principal in tact. no tax increases, net deficit and spending approach. you bust the sequester cuts, you said we don t bust them. but you let them leak. you spend $60 billion more than you would have under the sequester. that s right. and a sequester, a lot of people feel, has imposed real budget discipline. the critics say you are going ....

Auto Pilot Part , Law Change , Law Of The Land , Hillary Clinton Second Term , Tax Increases , Sequester Cuts , Wouldn T , Real Budget Discipline , 0 Billion , 60 Billion ,

Detailed text transcripts for TV channel - FOXNEWS - 20131215:23:24:00

Outside groups and from some fellow republicans in congress including some potential rivals for the 2016 presidential nomination. it is paid for over 10 years. i would love to talk to murk oh rubio about it. he is a friend i disagree with him. we are making permanent spending cuts and the savings accrue and accumulate and compound overtime but we are doing $85 billion in savings from the spending that is permanent but we paying if $63 million in relief with half going to defense and we are maintaining 92 percent of the sequester in this tell and, we are preventing two government shut downs from possibly occurring. we will look at the deal. i put up some numbers. you have increased spending by ....

Spending Cuts , 5 Billion , 3 Million , 85 Billion , 63 Million ,

Detailed text transcripts for TV channel - FOXNEWS - 20131215:19:24:00

From some fellow republicans in congress including and one might say potentially rivals for the 2016 presidential nomination. it raises it, but pays it over 10 years. you know how that works. they will forget it and keep borrowing more. what do you say? i would love to talk to him about it. marco is a good friend of mine. i disagree with him respectfully. we are making permanent law changes and those savings uh accrue and compound. not only are we doing auto pilot saving, we are paying for $63 billion of sequester relief. half going to defense. we are maintaining 92% of the sequester in this deal and we are preventing two government shutdowns from possibly occurring next year. let s look at the deal. i want to put up numbers on the screen, some of which you just mentioned. you bust the caps and increase ....

Law Changes , Auto Pilot Saving , Savings Uh , 3 Billion , 63 Billion , Government Shutdowns ,

Detailed text transcripts for TV channel - FOXNEWS - 20131215:23:26:00

Spending those are permanent law changes we are asking the federal workers to contribute more to the pensions so the hard working taxpayers who pay do not have to pay so much, and that is a prime minister law change, not something that is a promise that could happen later, that is happening now, the savingsings accumulate and in order to stop the savings if we have a hillary clinton second term, a new congress would have to change a new law to prevent that from happening because we doing prime minister law. that is the point. look at the details i say to those who criticize. no tax increases. net deficit reduction. permanent spending cuts if police of the across-the-board approach. the criticism is, and you have heard it, you bust the sequester cuts, let it leak. you spend $60 billion more than you would have under the sequester. that is right. sequester has imposed real budget discipline and the critics say you are going back to the days of spending more and ....

Law Of The Land , Prime Minister Law Change , Prime Minister Law , Hillary Clinton Second Term , Tax Increases , Spending Cuts , Net Deficit Reduction , Sequester Cuts , Budget Discipline , Kit Leak , 0 Billion , 60 Billion ,

Detailed text transcripts for TV channel - FOXNEWS - 20131215:19:25:00

Spending by $62 billion over the next two years. can i get you right there for a second? let me finish. we do all of the math. i will probably make several mistakes. you reduced deficits by $85 billion over the next 10 years for a net deficit reduction of $23 billion. the biggest complaint is that you are trading definite spending increases right now in return for the promise of deficit reduction during hillary clinton s second let r happens. here is my issue. we are not busting sequester caps. in this the next two years 70% of the sequester is in tact. but $60 billion more 92% of the sequester is in tact. the democrats said get rid of the sequester. we got them to agree to 70% now and 92% exists over the term of the deal. .1 and .2. as i mentioned before changing entitlements and changing what we call mandatory spending is ....

Deficit Reduction , 62 Billion , 2 Billion , 85 Billion , 5 Billion , Hillary Clinton , Let R , 23 Billion , 3 Billion , Busting Sequester , 0 Billion , 60 Billion ,