Detailed text transcripts for TV channel - FOXNEWS - 20110713:20:03:00
Budget, that is $2.6 trillion. and to put that in context, 10 years ago our entire federal budget was $1.8 trillion. so, $2.6 trillion, $800 billion more than we were spending just 10 years ago, it covers the interest on debt which is $256 billion, and it covers social security, which is $760 billion, and that leaves $1.6 trillion for all other essential spending, so it does not have to be a crisis if we plan for it, if we would not fearmonger, but it should not be a crisis if we actually work toward our solution which is where i devet my time and efforts. i am working with the house where we ...
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