Detailed text transcripts for TV channel - MSNBC - 20140327:19:57:00
Come on, man. this isn't about me. it's about the major problem. here's the deal, say whatever you want, but unless we're willing to address this, we're in financial quicksand. here are the numbers in the coming fiscal year. the government will lay out a $3.8 trillion, about 70% of that for mandatory spending programs, mainly social security, medicare, medicaid, and interest on the federal debt. this basic math. the congressional budget office predicts each year over the next 25 years our government programs will wind up costing more than we take in. and they also project our debt to gdp ratio...