Detailed text transcripts for TV channel - MSNBC - 20120819:15:04:00
Again, we had interest on national debt which is the other piece of what i want you to talk about a bit. $53 billion, up to $104 billion in june. one more here. again, more on the interest on the national debt. that's part of that tick, tick, tick, tick, tick, tick, ticking occurring on numbers behind us. these are numbers that occur in the trillions. what does that mean? how big is that compared to the past? >> we never had a bigger debt as opposed to the last time we had a debt larger than this, now about 100% gdp, just after the end of world war ii, a different time. part what peter was tal...