new fallout from the oil spill in the gulf of mexico. a minimum hten-day fishing ban has been imposed by the federal government. it s a devastating development for the region and one that could impact the u.s. americans eat an average of 16 pounds of fish and shellfish every year. the u.s. is the world s fourth-largest producer of seafood, with much of it coming from the five states that make up the u.s. gulf coast. together, they produce more than 188 million pounds of shrimp alone. in 2008, worth more than $366 million, almost half of that from louisiana alone. with so much at stake, the industry is trying to reassure consumers that gulf coast seafood is safe. seafood is still safe, and there are many more areas, so that, you know, that aren t impacted, we want to get that message out. but many shrimpers and fishermen say the impact from
Detailed text transcripts for TV channel - FOXNEWS - 20130102:23:02:00
comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.
of congressmen, an early believer in this, that we overfrighten people about this sort of stuff, that say there s hell to pay if this happens. absolutely. neil: this day, delayed or not, was supposed to be a horrific day, because the world markets would panic at the notion we hadn t gotten this addressed. that did not happen today. i wonder what that s saying. to me it s saying again, i wish my party were a little stronger with this as well. i don t think the american people buy this stuff anymore. they see the numbers that they care about. and when they hear that their government borrows $188 million every hour of every day, that s what they re concerned about. the obama administration has been doing this look, neil, i m out there talking about entitlement reform, and all the democrats are doing is trying to scare folks about, oh, those
to investors should take precedence over other u.s. legal obligations would merely be default by another name. you are willing to default on our debt? let s face it, if we continue on the trajectory we are going now, borrowing one we don t have, because 41 cents of every dollar the federal government spends today is borrowed money, so, every hour we are borrowing $188 million. about a 5th of a billion dollars, in the hour that you are on today, we will borrow. we can t do that. this the music is about to end. this game is going to be over. so, don t let anyone tell you that by increasing the debt limit, the ability for the federal government to keep borrowing, that somehow that is going to show the world that we are even more credit-worthy because we are borrowing? very soon, chris we ll be at the point where we will be borrowing more money, so that we are essentially having a $4 trillion