Detailed text transcripts for TV channel - FOXNEWS - 2017120

Detailed text transcripts for TV channel - FOXNEWS - 20171202:15:19:00

the debt doubled effectively under president bush and doubled again under president obama. $10 trillion is a cbo projection of debt. 2027, $31 trillion without the tax cut or 32 trillion with it, we have 97% of our debt that they're not addressing right now and they're talking about tax cuts, look, tax cuts historically have raised governor revenue and increased gdp, they're not talking about the true factor and that's over 97% of debt in 2027 has nothing to do with tax cuts and they're not talking about that. neil: but i'm surprised as someone who follows the markets why isn't that more of a worry? i know we are able to handle it, but it's been not seen as worry because the milestone that is we crossed where we keep climbing higher and higher, eventually that will be an issue, isn't it?

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