Detailed text transcripts for TV channel - FOXNEWS - 20121028:21:09:00
Last four years, the president has borrowed and put on the balance sheet of debt held by the public, almost as much debt held by the public as all the prior presidents, combined. that debt, by the way, will not be paid back by my generation we will be long gone. you will pay the interest on that and the principle. it will be a burden on the graduating classes. there are $50,000 of debt for every man, woman, and child in america. we think that is wrong. we think it is immoral and that is why we get america on track to have a balanced budget. >> let's say you have the kids at home. say you have ...