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Detailed text transcripts for TV channel - FOXNEWS - 20120812:20:21:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120812:20:21:00

How does the country's debt negatively impact americans and which class of taxpayers does it hurt the most? here is ed rowkouski. the national dead continues to rise. what impact will have it on the country but every household in america? >> i'm really happy we're talking about this. i don't think most people really understand what the debt is. we hear the debt. let's talk about that for a few minutes. there is $16 trillion on debt, that is 300 million people. $530,000 debt on every person. >> kelly: let knee stop it right there. did you say 3 $533,000 on every household because of $16