Detailed text transcripts for TV channel - FOXNEWS - 20100516:12:16:00
Says essentially we pay less interest, far less interest on our debt, but robert, how are we similar to greece. >> the main problem is structural deficits. particularly the percentage of gdp and the fact that right in the middle of a recession, we're still spending a whole lot and we're also adding on to the larger structural entitlement problem down the road. and that's the, that's the real core problem. >> and the entitlement is a major issue there in greece. we are approaching, predicted to reach 90% of our gdp as far as our deficit goes. greece is only 113% so they are the similar paul bal...