Detailed text transcripts for TV channel - FOXNEWS - 20120903:20:50:00
Tuesday, it could be wednesday, we will hit a major milestone, $16 trillion in debt. what do you make of that. >>guest: i think it is more than that because that debt clock, i don't think it includes the state debt that is out there, the unfunded liabilities that anyone is counting off the books right now, including north carolina. north carolina, we say we have a balanced budget but we owe the federal government $2.8 billion if unemployment insurance. we have unfunded liabilities of mold and health care costs for government employees that is off the books and the private sector kept things of...