Detailed text transcripts for TV channel - FOXNEWS - 20110420:02:14:00
Co-chairman of the president's debt commission. one made a statement that we have a treaty to protect taiwan from china. yet we have to borrow from china in order to do it. it shows how bizarre these relationships have gotten because we've become indebted to these countries. >> china is protecting us from the obama administration if nobody buys the debt, it is not sustainable in domestic terms here. i think it underlines why it is absolutely critical not just as a domestic policy matter, but for the national security implication to stop this insane level of government spending. the deficit is ...