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Detailed text transcripts for TV channel - FOXNEWS - 20110301:21:35:00

Reluctance not to take a meat cleaver to this? the reality, with or without tax hikes on the wealthy you still have the math and you have to realize serious cuts have to be made. guest: the city council work with the mayor had $5 billion in nine rounds and will have a 10 the round. neil: but a lot are on new workers and not grandfathered in. but if you did that, in new york state, say you got it by there is a $35 billion hole to plug. guest: the state hole is $9 billion. neil: those are unfunded obligations. guest: we have to make cuts. we will keep making cuts. but why reduce the teaching force. 6,000 fewer teaches. so class size will rise by 8 percent to 10 percent and that is not good for whoever the teachers are. why make that progress $billion ....

Meat Cleaver , New York City Council , Tax Hikes , Neil Cavuto , New York State , 5 Billion , Making Cuts , State Hole , 9 Billion , 35 Billion , Class Size , Teaching Force 6000 Fewer ,