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Detailed text transcripts for TV channel - FOXNEWS - 20120731:20:05:00

keep off the sequestration for one year. it is sitting on the desk of harry reid. so we need to let the men and women in uniform who is holding off on action. the department of defense is only 19.7 percent of the overall budget of the united states of america. but we are trying to put 50 percent to 55 percent, a little more, of the budget cuts on the department of defense at a time when the world is more volatile active duty.er in the 22 years eric: talk about what the $600 million of defense cuts would mean to the military after spending 20-plus year career in the military. what does it mean? guest: in the budget control act of 2011 we decided to take away $487 million over the next 10 years from the department of defense. we all agree with that. but now you are talking about taking our military to the small the ground force we havead

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