Detailed text transcripts for TV channel - FOXNEWS - 20100213:06:09:00
Debt ceiling, which you have to do or the federal government will have to default on its credit, but what we should have said is there is going to be spending limits, we'll do something to control our spending. you don't just give a big spender a bigger allowance. there were no reforms. the only one was the pay-go which says if you do spending, you have to pay for it. it's a good idea, but guess what? >> there are waivers. >> in the last three years, the democrats waived that rule for every major spending bill they want. every time they want to spend money, they have a big waiver. >> the thing...