Detailed text transcripts for TV channel - FOXNEWS - 20170316:22:07:00
Nearly a quarter century ago, the outstanding debt was about $4 trillion. budget cuts helps keep it in check but it began climbing again under president bush, and when he left office, he was about 12 trillion. it only accelerated under president obama, now approaching $20 trillion, showing little sign of slowing under the new chief executive. government shutdowns, sequesters, suspension of the debt ceiling itself, the self-inflicted wounds have turned the debt ceiling argument into a political pinata. first thing to remember, we have always had a shared debt. at the birth of the republic it wa...