Detailed text transcripts for TV channel - FOXNEWS - 20120824:22:46:00
Show. it's a real issue. republicans should say it's a real issue. they know what is happening in europe and they know they are on the precipice of catastrophe. we have a little time. the real number that affec affes your ability to borrow is the publicly held debt ; meaning debt held by china and others as a percentage of the economy. it was 45% when obama came in office. it's now 72%. that is huge increase in one term. the absolute amount of debt is $6.3 trillion. in a quarter of a millennium of our history to 11.2. by next year, obama will have doubled it. that is unsustainable. republicans...
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