Detailed text transcripts for TV channel - FOXNEWS - 20121222:17:45:00
That. that is interest that our country pays on our day every day. >> even by. >> we can't keep borrowing ore we'll be like europe. this is not a classroom exercise. look at wuper and see what happens if we continue down the path that. is a place we don't want to g. >> the budget director puts the bilk on medicare and medicaid and social security. >> they will drive federal spending up faster than our economy can grow . revenues will not keep up . so we have a problem. if you don't have enough revenues to pay for the spending, you have to borrow and on the track that we are on. if we go on doi...
Source: news source