Detailed text transcripts for TV channel - FOXNEWS - 20110215:04:02:00
Cuts, that's all. and 453 billion in increased revenue. most generated by higher taxes on stuff. republicans say, of course, the cuts are far too small and talking points agrees. here is how the enormous spending effects you. in order to pay off the interest on the 14 trillion-dollar debt, money that could be used to defend america to educate its children, to build highways and other infrastructure is, instead, that money is instead sent to people who have lent us the money. people in china and in the arab states, for example. so the feds are basically taking money away from we the people, a f...