Page 23 - Debt Payment News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Repel deadly force. i'm still against drones, targeted assassination and huge believer of the bill of rights. >> eric: looming debt debate. i assume that you are not in support of growing our debt. would you advocate a government shutdown to send a message to president obama that we are spending too much? >> no, but what i would advocate is not raising the debt ceiling. if you don't raise the debt ceiling, you can still make payments. we bring in $200 billion a month. our debt payment is $30 billion. you could pay our soldiers, social, medicare but not enough for research like roll up beef jer...

And co-anchor markets now on fox business network. dennis, the white house must-- the rumor is that fisker has begun assembling a group of bankruptcy lawyers, that's a bad sign, would you agree? >> yeah, it's a really bad sign. it means that fisker will likely head into bankruptcy court so the creditors can't include the debt and especially american taxpayers. this company was approved for 530 million in federal loans and took almost 200 million and it was going to create a thousand jobs in america, it turns out it doesn't make cars here, it makes 100,000 electric hot rods in finland and emplo...

And co-anchor markets now on fox business network. dennis, the white house must-- the rumor is that fisker has begun assembling a group of bankruptcy lawyers, that's a bad sign, would you agree? >> yeah, it's a really bad sign. it means that fisker will likely head into bankruptcy court so the creditors can't include the debt and especially american taxpayers. this company was approved for 530 million in federal loans and took almost 200 million and it was going to create a thousand jobs in america, it turns out it doesn't make cars here, it makes 100,000 electric hot rods in finland and emplo...

They shall prioritize debt payment first. period. so if that law was law, if the bill became law it would be impossible to default. then you cut spending to make up the rest of the shortfall. that is a different thing. >> but there are two different conversations going on, default for the whole country and then default on obligation. the 40%, that we can't cover. that there are people out there relying op this. you know -- >> but the problem with that point -- i think you are right on the analytical part. the problem is objective measure. they say it's outrageous to say we can cut spending on ...

Spending. we needed to cut 30% on some 848 billion is from ending the ofso the lower levels. wars in afghanistan. 67% on the higher levels. money we will never spend and thin then -- and then our anyway and is barrowed. and $800 billion is from lower debt payment. property stackses went for nothing but public safety. he has no tough spending cuts. we want to make sure we keep he does nothing serious about structural reform of our city safe. entitlements. i was able to lower taxes as the first year's mayor and i >> look the premise of that question is unilateral action am girl. and the overridi...