Detailed text transcripts for TV channel - FOXNEWS - 20100204:21:25:00
Say it doesn't happen and interest rates stay low, in 2009 we paid $283 billion just on interest to the debt we owe the world. this year is expected to be in excess of $500 billion. if we keep going the way we're going and down get downgraded and keep spending, it's like whatever. >> neil: people forget that. doesn't nothing doesn't mean the costs get cheaper. >> with the token freeze talking about the $17 or $20 billion freeze on spending, the non-defense discretionary spending is a drop in the bucket. >> neil: even if you curb the deficit a little bit year in and year out, whatever spending ...
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