Detailed text transcripts for TV channel - CNN - 20110215:09:15:00
>> the bulk of the savings would come from a spending freeze and cuts in domestic spending. on the chopping block, heating assistance to the poor, tuation siftance, government salaries and defense programs. but it's not all red ink, repeating a theme the president laid out in his state of the union address, deep cut in some areas are offset by new spending in sectors like education and green technology, a decision that has outraged the republican opposition. other critics are upset the proposed budget does not address entitlement. spending on pensions and health care for the elderly accounts f...