Detailed text transcripts for TV channel - FOXNEWS - 20110116:17:12:00
Constitutionally compelled to do that. and prohibited spending more than they -- from spenneding more than they take in. because members of congress have been unable to agree so far on where they want to cut, they kick the can down the road. the only way to stop it is balanced amendment. >> shannon: how do you break the habit of borrowing to cover spending? it's something those of us in the households could only get away with for a limited period of time. how do you break the chokehold in washington? >> if it were a household we were talking about we'd say cut up the credit cards, cut it in to...