Senate Proceeding on Mar 9th, 2011 :: 1:05:35 to 1:05:55
Total video length: 1 hours 7 minutes Stream Tools: Stream Overview | Edit Time

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1:05:23 to 1:05:43( Edit History Discussion )

Harry Reid: now we're spending $1 out of $4. there's a big difference in a country where the federal government alone spends $1 out of $4 that the country can create in goods and services as opposed to $1 out of $5. you're not going to get a lot more on the taxing side so we have to make the reductions in spending. then you're going to hear, we're

1:05:35 to 1:05:55( Edit History Discussion )
Speech By: Harry Reid

1:05:44 to 1:05:56( Edit History Discussion )

Harry Reid: just making these reductions out of 12% or 15% of the budget. is that fair? well, first of all, that's the only part of the budget that we can get to without significant legislative activity that should