Detailed text transcripts for TV channel - FOXNEWS - 20130504:14:38:00
I do think, you're right in this respect, dagen. i want to follow it up with you, charles, that if we find out that cuts like this aren't that onerous and we feel and have the gumption to do substantial cuts down the road, then i think that's for the good. to dagen's point, charles, if we don't, i think safe in our system will -- faith in our system will erode and i think interest rates will rise. >> we're talking about the stock market as something of a proxy on this thing and the most difficult period for the stock market in the last three years was the debt ceiling debate. it was resolved, ...
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