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Detailed text transcripts for TV channel - FOXNEWS - 20120105:17:54:00

congress doesn t act this year. let me tell you the significance of that. right now with what the obama administration is doing, it means that we can no longer fight two military regional conflicts simultaneously. with these $489 billion in cuts we could probably fight one war. if congress doesn t act on the sequester and we don t restore those cuts i don t see how we can fight one war successfully. jon: the president promised in his opening remarks in the pentagon we would be able to take whatever challenges lie ahead. let me get your reaction on the other side. yes, our military will be leaner but the world must know the united states is going to maintain our military superiority with armed forces that are agile, flexible, and ready for the full range of contingencies and threats. jon: the full range of contingencies and threats. do you agree? jon, two points here. number one i do think the president and secretary panetta s increased

Detailed text transcripts for TV channel - FOXNEWS - 20120105:12:03:00

president obama meantime will announce billions of dollars in cuts to defense spending today. he ll make the announcement at the pentagon, the first time any president has addressed reporters in the pentagon briefing room. administration says it s creating a more realistic military by eliminating tens of thousands of ground troops and investing more in air and sea power. officials familiar with the plan say the pentagon s budget is way too bloated and the u.s. can still be strong with fewer forces. the strategy amounts to $489 billion in cuts that will take place over the next 10 years. sorry, ladies. it appears he has declared his love. justin timberlake now off the market. reports say he has proposed to long time girlfriend actress jessica biel while vacationing in jackson, wyomingment over the holidays. the two have been dating on and off for the past four years. and those are your headlines.

Detailed text transcripts for TV channel - FOXNEWS - 20120105:17:53:00

490,000. your thoughts of that, about that? jon, that is one of the things that concerns me most. every new secretary of defense, be they republican or democrat i think historically always mean well and talk to these think tank experts who never served a day in the military who tell them we can win a war basically with air power and special forces that we don t need that grunt on the ground but history tells us every time we need the grunt on the ground to win the war, to finish the job. that s what we saw in iraq. that s why the surge worked. because we got that grunt on the ground to finish the job. so that, the cut in the army, taking the army below 500,000 concerns me most. other thing that really concerns me, they talked today about the $489 billion in defense cuts over 10 years. this is what president obama had talked about for some time. they didn t talk about the $500 billion with the sequester that will be

Detailed text transcripts for TV channel - FOXNEWS - 20120105:11:01:00

six police officers trying to serve a warrant are shot when a suspect starts spraying bullets. it happened in utah. the officers all in the hospital at this hour where we re waiting for an update on their conditions. that single suspect also hurt remains in police custody. this all went down late last night at a home in the town of ogden north of salt lake city. details coming in. we ll update you as soon as we have more info. president obama will announce billions of dollars in cuts in defense spending today. he ll make the announcement at the defense department today. the first time a president has addressed reporters in the pentagon briefing room. it s creating a more realistic military by eliminating tens of thousands of ground troops and investing more in air and sea power. the pentagon s budget is way too bloated and the u.s. can be strong with fewer forces. the strategy amounts to $489 billion over the next 10 years. his appointment by president obama igniting controversy now in

Detailed text transcripts for TV channel - FOXNEWS - 20120105:17:54:00

imposed on january 2013 if congress doesn t act this year. let me tell you the significance of that. right now with what the obama administration is doing, it means that we can no longer fight two military regional conflicts simultaneously. with these $489 billion in cuts we could probably fight one war. if congress doesn t act on the sequester and we don t restore those cuts i don t see how we can fight one war successfully. jon: the president promised in his opening remarks in the pentagon we would be able to take whatever challenges lie ahead. let me get your reaction on the other side. yes, our military will be leaner but the world must know the united states is going to maintain our military superiority with armed forces that are agile, flexible, and ready for the full range of contingencies and threats. jon: the full range of contingencies and threats. do you agree? jon, two points here.

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