Detailed text transcripts for TV channel - FOXNEWS - 20110516:19:52:00
Extract in the way of concessions. it can't perpetually go on forever, adding trillions and trillions to the national debt, but this particular debate about the debt ceiling vote is common going back to 1939. >> shepard: right. we raised the debt ceiling over and over, every presidency on the right and left, it's happened every single time. the problem is the number is getting big. now the politics of it all seems to be that republicans are saying, whatever it is that you raise this by, let's say you raise the debt ceiling by a billion dollars, you raise it by a billion dollars, a need a billi...