Detailed text transcripts for TV channel - FOXNEWS - 20110402:05:53:00
500%, 400. this is where we are are right now. this here is about 2010. we are about 100% of gdp. double that in maybe 2030 or so. but if we stay on the current course without making any fixes our great grand children will have 700% of debt to gdp. theyville no economy. and even with fixes in healthcare reform 400% of gdp. and this is -- this is another shocker right here. interest on the debt, $438 billion for 2011. rising to $637 billion. these are omb white house projections. nearly a trillion dollars in just five, six years from now. over a trillion dollars by 2020. that is money that coul...