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Detailed text transcripts for TV channel - FOXNEWS - 20130318:03:37:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20130318:03:37:00

$6 trillion of debt in four years. so we are at a very critical path and what is difficult for people to understand is the acceleration of interest payments. the president's perspective is as long as we can make our interest payments we are doing fine but the challenge is right now we pay $224 billion a year just in interest. cpo estimates within ten years we will pay $857 billion in interest. that is more than we paid for the entire war in afghanistan across 12 years. we will pay in one year just in interest payments within ten years. this is very serious. we do have to deal with this. >> mik...

Detailed text transcripts for TV channel - FOXNEWS - 20130318:05:37:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20130318:05:37:00

$6 trillion of debt in four years. so we are at a very critical path and what is difficult for people to understand is the acceleration of interest payments. the president's perspective is as long as we can make our interest payments we are doing fine but the challenge is right now we pay $224 billion a year just in interest. cpo estimates within ten years we will pay $857 billion in interest. that is more than we paid for the entire war in afghanistan across 12 years. we will pay in one year just in interest payments within ten years. this is very serious. we do have to deal with this. >> mik...

Detailed text transcripts for TV channel - FOXNEWS - 20130317:00:37:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20130317:00:37:00

$6 trillion of debt in four years. so we are at a very critical path and what is difficult for people to understand is the acceleration of interest payments. the president's perspective is as long as we can make our interest payments we are doing fine but the challenge is right now we pay $224 billion a year just in interest. cpo estimates within ten years we will pay $857 billion in interest. that is more than we paid for the entire war in afghanistan across 12 years. we will pay in one year just in interest payments within ten years. this is very serious. we do have to deal with this. >> mik...

Detailed text transcripts for TV channel - MSNBC - 20130225:20:32:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20130225:20:32:00

Of these more targeted, smaller funding initiatives for transit? >> that's an important question, s.e. and needs looking at what kind of projects to funding and wrong to suggest we don't need to fund fixing the bridges or even the highway systems. the american society of civil engineers said we need to invest $157 billion a year in our infrastructure or lose 3.1 trillion in the economy over the next few years. that's obviously something to pay attention to so i don't want to suggest it's wrong to have big projects but what we don't have in transportation spending that we should have to make go...

Detailed text transcripts for TV channel - MSNBC - 20130112:00:39:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20130112:00:39:00

Wes moore is a retired army captain and author of "the other wes moore." i guess the question comes down to numbers. 66,000 troops in country right now. what should it be five years from now? >> i think we're going to initially withdraw to 6,000 troops in 2014. i think a lot of work will be done by contractors, not u.s. troops, but we can't afford to continue spending the kind of money we're spending. you know, we have spent $557 billion up to today, half a trillion dollars, and what have we gotten for it? burma, somalia, and afghanistan are the three most corrupt nations in the world, and now...