Detailed text transcripts for TV channel - FOXNEWS - 20130304:04:47:00
Reductions have to occur, 40 plus cents of every single dollar that we spend in this country. >> john: february 26th, newport news, virginia, president obama speaks to ship yard workers. >> what the sequester does, it uses a meat cleaver approach to gut critical investments in things like education and national security. >> john: but he again resists talk of an immediate catastrop catastrophe. >> the impact of this policy will not be felt overnight, but it will be real. >> john: it's tuesday, congressman, there are just a few days left to avoid the sequester. do you see anything coming down th...