Detailed text transcripts for TV channel - FOXNEWS - 20100728:15:33:00
Unsupportable levels. fox business network's peter barnes is live in washington. this warning, peter, sounds pretty serious from the cbo, huh? >> well, it is, jon. and a new analysis, the cbo warns the u.s. will become greece if it doesn't get its fiscal house in order. no investors willing to buy our debt, unless we pay sharply higher interest rates, like the greeks have had to do. those interest payments in a crisis could double to more than $900 billion a year by 2015, according to the cbo. now, the cbo says it can't predict when this would happen but it says, quote, all else being equal, t...
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