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Detailed text transcripts for TV channel - FOXNEWS - 20101229:14:46:00

Of snow and 400 workers were laid off because of the budget here in new york city, but, i mean, that s for snow removal. all right, now, that is just a tiny fraction of what the rest of america can expect. if you re really serious about cutting spending and trimming $14 trillion. let me come back to your pain comment because it s a mistake to think cutting spending is painful. let s imagine we have a two-person economy, two farms. one of them gets unemployment benefits. whom do you think pays for that? it s the other farmer. and when you cut spending, you re cutting the burden of taxation on workers and producers. and then, you know, you get the economy growing, and you get poor people who get jobs instead of having to to work for welfare. when we go back to the clinton years, and as you know i was a big clinton supporter, and if you go back to the reagan years, clinton cut government spending as a share of gdp by be 3.5 ....

New York , Snow Removal , Spain Comment , Cutting Spending , 14 Trillion , 4 Trillion , Unemployment Benefits , Economy Growing , Government Spending , Big Clinton Supporter , Clinton Cut , 3 5 ,