Detailed text transcripts for TV channel - FOXNEWS - 20121217:23:18:00
Day we don't get anything for that. that's $854 million of interest that our country pays on our debt every single day. >> former democratic senator evan bow. >> we can't keep borrowing like this or we will have the same problems that europe is having. that is one of the frustrating things. they are not theoretical. that's not a classroom exercise. you can look at europe and see what happens if we continue down this path very much longer. >> alex rid man bill clinton's budget director put the bulk of the spending problems on the promises to medicare medicaid and lesser extent social security. ...
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