Detailed text transcripts for TV channel - FOXNEWS - 20110622:17:03:00
And we're rapidly getting towards the point where it's just not sustainable. we're almost there already. alisyn: here's another incredible part of this report, it's where the cbo talks about their own projections. i want to pull it up for everybody. they say the cbo's projections in most of this report understate -- >> yes. alisyn: -- the severity of the long-term budget problem because they do not incorporate the negative effects that additional federal debt will have on the economy, nor do they include the higher impact of higher tax rates on people's incentive to work and save. in other wor...