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CNNW Erin Burnett OutFront May 3, 2012



number two, the cost of the wars in iraq and afghanistan. $1.3 trillion at this moment. a distant third, the president s stimulus plan, $831 billion. never thought $831 billion would look cheap. well, here s another powerful number. right now this country is paying $224 billion a year in interest on our debt and that number is mushrooming. it becomes an exponential problem. by 2020 we will be paying $544 billion in interest alone. if you want to see something really scary, let s compare that $544 billion to medicare. by 2020 in the year we re paying $544 billion in interest, medicare will cost a mere $279 billion. we ll be paying almost double that just in interest on our debt. now, you may say that s clearly foul and bad and terrible things, but some people believe that spending more is the best way to get this country growing again, to grow out of our problem. paul krugman said the stimulus plan was not big enough. he wants here $800 billion on top of what we already ....

Still Outfront , Erin Burnett , Price Tag , Bush Tax Cuts , Number One , 15 6 Trillion , 1 8 Trillion , 5 6 Trillion , Stimulus Plan , 831 Billion , 1 3 Trillion , 31 Billion , 544 Billion , 44 Billion , 224 Billion , 24 Billion , 279 Billion , 79 Billion , Paul Krugman , Larry Summers , Financial Times , Washington Post , 800 Billion , 00 Billion , Doesn T , Cnn Money ,

CNNW Erin Burnett OutFront May 3, 2012



$1.3 trillion at this moment. a distant third, the president s stimulus plan, $831 billion. never thought $831 billion would look cheap. well, here s another powerful number. right now this country is paying $224 billion a year in interest on our debt and that number is mushrooming. it becomes an exponential problem. by 2020 we will be paying $544 billion in interest alone. if you want to see something really scary, let s compare that $544 billion to medicare. by 2020 in the year we re paying $544 billion in interest, medicare will cost a mere $279 billion. we ll be paying almost double that just in interest on our debt. now, you may say that s clearly foul and bad and terrible things, but some people believe that spending more is the best way to get this country growing again, to grow out of our problem. paul krugman said the stimulus plan was not big enough. he wants here $800 billion on top of what we already spent and he is not alone in arguing for more spending, no ....

Bush Tax Cuts , 1 8 Trillion , Stimulus Plan , 831 Billion , 31 Billion , 1 3 Trillion , 224 Billion , 24 Billion , 544 Billion , 44 Billion , 279 Billion , 79 Billion , Paul Krugman , 00 Billion , 800 Billion , Larry Summers , Financial Times , Washington Post , Still Outfront , Cnn Money , Doesn T , Strike Team , Stewart Miller , John Donohoe , Tom Coburn , Deficit Reduction ,

CNNW Erin Burnett OutFront May 2, 2012



number two, the cost of the wars in iraq and afghanistan. $1.3 trillion at this moment. a distant third, the president s stimulus plan, $831 billion. never thought $831 billion would look cheap. well, here s another powerful number. right now this country is paying $224 billion a year in interest on our debt and that number is mushrooming. it becomes an exponential problem. by 2020 we will be paying $544 billion in interest alone. if you want to see something really scary, let s compare that $544 billion to medicare. by 2020 in the year we re paying $544 billion in interest, medicare will cost a mere $279 billion. we ll be paying almost double that just in interest on our debt. now, you may say that s clearly foul and bad and terrible things, but some people believe that spending more is the best way to get this country growing again, to grow out of our problem. paul krugman said the stimulus plan was not big enough. he wants here $800 billion on top of what we already ....

Price Tag , Bush Tax Cuts , Number One , 1 8 Trillion , Stimulus Plan , 1 3 Trillion , 831 Billion , 31 Billion , 24 Billion , 44 Billion , 224 Billion , 544 Billion , 79 Billion , 279 Billion , Way To Go , Paul Krugman , Larry Summers , Financial Times , Washington Post , 800 Billion , 00 Billion , Still Outfront , Doesn T , Cnn Money , Strike Team , John Donohoe ,

Detailed text transcripts for TV channel - FOXNEWS - 20120310:23:37:00

This country. what about that as a political argument. gloom and doom republicans. right. i remember back in it is gloom and doom. i remember back in 1984. we were coming out of a recession. of course, there were a lot of folks who said and later as omb director, regan s policies have nothing to do with it. it as matter of fact, the deficit is mushrooming and we made all this terrible cuts that are going to hurt us in the fewure and mondale went out there and said you may think things are good but actually the president s policies are terrible and going to bring disaster and they called us gloom and doom democrats and to some extent they were right. that is the challenge. it is between optimism and pessimism, optimism always works. if people are feeling like the economy is getting better, hope is on the rise, we are moving in the right direction, for romney to come out and say oh, no, it is much worse than you think makes him the bearer of ....

President Obama , Mitt Romney Coming In Second ,

Detailed text transcripts for TV channel - FOXNEWS - 20111214:15:27:00

You re a space guy. is this the future for space travel as you see it? it s terrific that the commercial sector is rolling out innovations now that is helping our market for launch, and this lowers the cost of getting people into orbit and cargo. you may see this mushrooming as a result of these innovative ideas. bill: how does it lower the cost? is that because the plane flies back down and it lands and you can reuse it? i guess you could do it at the level a space shuttle never good. it s more rapid in turn around than the space shuttle, you get more bang for the buck. this is a chance to send medium pay loads, even tourists some day to the space station at a reduced replies. bill: powered by six 747 engines. they ll be recycled. bill: what was the plane they tried in the 1950s. the spruce goose. ....

Space Travel , Space Guy , Electric Bill , Space Shuttle , Bang For The Buck , Space Station , Spruce Goose ,