Detailed text transcripts for TV channel - FOXNEWS - 20111120:21:34:00
Medicare spending 2%. total savings, $68 billion then more savings in years to reach that $1.2 trillion. giving the huge spending increases, one can argue those automatic cuts are not at all excessive. so if the choice is between tax increase or these automatic cuts which i just identified, hey, why not the cuts? >> well, from made perspective i agree with that perspective. i believe that even if the super committee's efforts result in lack of an agreement, i have to commend them for the hard work they've done. ultimately the negotiations that have taken place, even if they are not successful ...