Detailed text transcripts for TV channel - FOXNEWS - 20110307:22:13:00
The federal government spent $333 billion and collected $110 billion and borrowed $223 billion. could any business operate on that kind of a model? >> if you put that in a household or a business, you recognize those things in a home or business would be considered bankruptcysy. when the government does it, it's called a deficit, missing, underage. that would not be solvent. >> i don't know if you heard governor rand paul from kentucky and mike lee from kentucky indicated they would vote against giving the government authority to raise the debt ceiling and borrow more money when the borrow aut...