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Detailed text transcripts for TV channel - MSNBC - 20180212:11:55:00

your of the health of our debt levels relative to our economy. it would have gotten to 91% if trump had done nothing. when you layer in the tax cuts and the spending increases, it goes to 99. when you assume all those are extended for the full life of them which is the way washington works, it s always extended, you get to 109% and by the way at the end of world war ii when we were rebuilding the u.s., rebuilding university, it got to 103% very briefly, came right back down again. this would be by far the highest debt-t debt-to-gdp ratio we ve ever seen and as you know the bond markets in particular in the last week or so, i don t think anybody expected congress would behave so irresponsibly, the bond markets have backed up and you can see what s happened to the ten year treasury rate which is sitting down around 2.35% for a long time, moving around calmly and took off and is now at 2.85% and as we sit here in this morning at 2.9%.

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