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FOXNEWS FOX and Friends March 29, 2022 11:33:00 - Vimarsana News

FOXNEWS FOX and Friends March 29, 2022 11:33:00

Automatic pilot. so the discretionary portion is only about 2%. a little under 800 billion for defense. over 900 billion for domestic programs. and green energy. some of those fantasy programs. but, everybody should be concerned for example saudi arabia talking to china about trading their oil in the juan rather than the u.s. dlamplet world creditors look at the united states not very good credit risk. if we ever lose our position as the world's preferred currency. interest rates are going to go to just basically world rates. and we are going to be in a heap of trouble. >> steve: what do you m...

Detailed text transcripts for TV channel - CNN - 20110327:13:50:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110327:13:50:00

Economy. however, when you look at the current state of the economy, sluggishness of rovery, what worries you most? >> what worries me most and i suspect doug as well is our looming debt crisis. we've got to get past this squabbling over the federal budget for this fiscal fiscal y. that's just a squabble. but what is really important is that we're moving into a period when we will have debt rising rapidly because of the retirement and baby boom generation and high medical care costs and we've got to do something about that. it's got to be bipartisan and we've got to do it soon so that we reass...

Detailed text transcripts for TV channel - CNN - 20110327:16:50:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110327:16:50:00

Sluggishness of recovery, what worries you most? >> what worries me most and i suspect doug as well is our looming debt crisis. we've got to get past this squabbling over the federal budget for this fiscal year. that's just a squabble. but what is really important is. that we are moving into a period when we will have debt rising rapidly because of the retirement or baby boom generation and high medical care costs. and we have to do something about that. it has to be bipartisan and we have to do it soon so that we reassure our world creditors that we are on the job? can you just -- i think peo...