Detailed text transcripts for TV channel - FOXNEWS - 20110126:09:27:00
Discipline that washington sorely needs. the reason is simple, a few years ago, reducing spending was important. today, it is imperative. here's why, we face a crushing burden of debt. the debt will soon eclipse our entire economy and grow to catastrophic levels in the years ahead. on this current path, when my three children who are now 6, 7 and 8-years-old are raising their own children. the federal government will double and so will taxes they pay. no economy can sustain such high levels of debt and taxation. the next generation will inherit a stagnant economy and diminished country. it is ...