Detailed text transcripts for TV channel - FOXNEWS - 20120313:22:23:15
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We've lighted up the countries that hold a whole bunch of our cash, our holdings, our treasuries. >> look at this. i mean, you have in terms of listing, china, we give $27.2 million. russia, $71 million. we write these checks. indy $126 million. while owing china $1.1 trillion, brazil $193 billion and this is what they have bought in terms of our t-bills and mexico $25 billion. that's incredible. >> you know, when former secretary of state henry kissinger was on the show the other day, i asked him specifically about this, whether or not he agrees with this kind of foreign aid and he said only ...
Not yet been spend, only $18 billion of $93 billion spent. so we have a lot of money in the pipeline, and to add insult to injury brings up how difficult it is to make that decion right now. >> peter morici is a professor at the university of maryland. peter, in the last week, the whithouse has been determined to make sure the people don't call this another stimulus. it's a lot of money, is it a stimulus pn or is it not? >> it's not much s of a stimulu plan, but basically it's am political move, and they're wanting to change the name on what they do. the infrastructure spending is $8 billion f...