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Detailed text transcripts for TV channel - FOXNEWS - 20120131:10:25:00

right. if you take the changes that are discussed in this book, all of which are supported by voters, you end up with about a $36 trillion spending totals. $10 trillion less in operating spending over a decade. these are little changes. the yellow is what we re going to spend but if the people had their way, we would spend the orange. that s exactly right. like a letter map. exactly right. take a look at the federal deficit over the next decade. yellow line on the top is? what would happen if we don t do anything. people talk about this $15 trillion debt that we have but they re ignoring most of the liabilities. we also owe all kinds of unfunded liabilities and our real debt today is about $120 trillion. if we do nothing, it will go up another $40 trillion over the next decade. if we implement the ideas that the people would support, we save $100 trillion. these are big numbers. those are gigantic numbers and you re talking about saving $100 trillion over a decade. how?

Detailed text transcripts for TV channel - MSNBC - 20111129:16:53:15

Detailed text transcripts for TV channel - MSNBC - 20111129:16:53:15
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