Detailed text transcripts for TV channel - FOXNEWS - 20110921:09:31:00
Coming back. you have the point to one factor, pardon the pun, that is driving america down. what would it be? >> the single factor is the spending. we basically eluded the future to bribe the present and we're doing it on such a scale that we're unlikely to have is a future. by mid decade, american taxpayers will be covering the entire cost of the chinese military. we're covering about 80% of the cost just in the interest on the debt. >> bill: whatever we send money over there, they can finance their military? >> yeah. >> bill: all right. i said pretty much that in the talking points memo. di...
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