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Detailed text transcripts for TV channel - FOXNEWS - 20130305:15:18:00

i try, you know. martha: because it really references exactly what you re talking about. entitlement spending versus total spending in the united states takes up 57.5% of our whole pie is basically medicare, medicaid, social security. is that larger chunk that you see on the red. projected 2013 spending on entitlements in this country, $2.044 trillion. and you know, really, i mean for practical purposes there s no suggestion that number is going to get any smaller anytime soon. no, absolutely not. in fact we know for certain it won t get smaller. it will continue to increase and increase ex-pope nextly in the coming expoe nextly in coming years. baby boomers retiring. elderly needing more medical care. the number is going to grow. the question is what we need to do to change incentives in the entitlement programs to make it sustainable.

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