Detailed text transcripts for TV channel - FOXNEWS - 20110517:12:07:00
To have in their corner. >> steve: we told you it would happen yesterday and it did. we officially hit the national debt ceiling. there it is right now at 14.382 and a whole bunch of other numbers, officially the federal government is now running on fumes. tim geithner and company figured a way to move some money around through different accounts so we will be solvent in a way, so we do avoid default through the second day of august. >> gretchen: how is he doing that? basically stealing money from employee retirement funds, but they have to pay it back. it goes to show you how they can move ar...
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