Detailed text transcripts for TV channel - FOXNEWS - 20110508:03:36:00
Projected deficit in the next two years after that, it assumes a 25% or so increase in state spending. that's outrageous. if they live within their means, there would be no deficit at all. by the way, the democrats in minnesota wanted more spending. so this idea that there is a deficit and i left it in minnesota is not accurate. the two-year budget cycle ends in the black in the summer and the two years after that is a projection based on preposterous assumptions. >> if i may make a follow-up, one of the reasons people talk about a projected deficit of $6 billion is from the borrowing you took...
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