Detailed text transcripts for TV channel - FOXNEWS - 20130116:14:11:00
And the rating agencies saying watch out, america. if you dont get your debt under control you will be downgraded. so the actual numbers, this latest projection, martha, they are truly astonishing. as you pointed out, an 80% increase over the next 10 years. that amounts to a total spending in dollar terms of $11 trillion. that would mean that roughly a quarter of all government spending, federal spending would be taken up with welfare payments. that does not include any welfare payments actually...
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