Detailed text transcripts for TV channel - FOXNEWS - 20110528:14:14:00
Is thistelion dollars over ten years. but toby, you say if this is the best we can do, we all nelem to brace ourselves for big trouble? >> well, it's basically baici whptcou, and here is wh ho brenda. >> we, to pay our debt service right now. we have the lowest interest rates we've had really in 50 years. if we were to go to the rest of the worth o and say all we can do is cut a trillion dollars over the next ten ppears, what wstel hw pen our interest rates for a bond would double and probably tripple and say we're insolvent and interest rate debt would go up about 5 trillion dollars over the ...