Detailed text transcripts for TV channel - FOXNEWS - 20110118:11:53:00
First off to you, how tdo you feel about, that healthy states helping unhealthy states? >> 48 of the states actually have some kind of budget deficit because you've seen that local and state politicians have used financial shenanigans for years to kick the budget can down the road. the question i see is given how important local and state governments are to the u.s. economy, when they come knocking at the door of washington and congress asking for bailouts what are they going to do? i don't think it's right for americans to have to subsidize poorly performing states. congress needs to send a s...