Detailed text transcripts for TV channel - FOXNEWS - 20121230:18:15:00
Effect. so the way things stand right now, secretary panetta will need to send 800,000 layoff notices to defense contractors on tuesday. >> if the president doesn't deal with this then he is a lousy commander in chief. if there is a deal done that doesn't set aside the defense cuts because we have is already cut $489 billion out of the defense department, then i'm very disappoin disappointed ine president as commander in keefe and disappointed in the republican party for allowing this to even be a possibility because the party of ronald reagan would never let this happen. >> the sequester s a ...