Detailed text transcripts for TV channel - FOXNEWS - 20140310:05:07:00
John: freak issuely falling, and my age group retires, and, oh. >> interest rate exploding, will triballed, and by 2020, spent $800 billion on interest on the debt alone. that's more than we'll spend on domestic budget or defense budget, so if we don't get debt under control, there's not any money to make investments whether you agree the government should make them or the private sector should. john: your think tank has a chart that tries to explain that. you see $17 trillion by the time my age group is all retired, 205 trillion -- not enough money in the world. >> no. that's the fiscal gap. ...
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