Detailed text transcripts for TV channel - FOXNEWS - 20110602:20:33:00
Most importantly, use this historic moment, this defining moment for the first time in american history get a balanced budget amendment to the constitution. >> neil: that's great. you would cut $750 billion right off. >> no. you don't have to do a total subtraction problem. you got to cut $300 billion to -- >to -- >> neil: you're going to raise taxes? >> no. you'll have natural growth in the economy. >> neil: what's the growth you assume? >> cbo numbers, neil. we've got a $1.5 millio1.5 triln deficit. you don't have to cut $750 billion to cut the deficit in half. you cut $350 billion because y...
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