Detailed text transcripts for TV channel - FOXNEWS - 20110513:00:02:00
>> bill: now i, your humble correspondent am also catholic die support spending cuts because even though entitlement programs do some good, the looming bankruptcy of the country would harm far more people than the entitlements help. the college professors are missing the essential point. the responsibility of the u.s. government is to protect all its citizens. and a bankruptcy in this country would devastate everyone. the cold truth of the matter is this: that our government simply cannot spend the amount of money it is spending. everything has to be cut, including entitlements. that is not an...