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Detailed text transcripts for TV channel - FOXNEWS - 20131007:10:33:00

We have enough money to pay the interest on the debt and social security coming in in tax receipts. we do not default. steve: let s just do the math. you default if you can t do your debt service, you can t pay the interest on the debt? correct. steve: we re taking in $200 million a month? in october of last year last year we took in $183 billion. this year we re taking in close to $200 billion. that is enough money coming in to pay your outgoing interest on the debt and social security. steve: how much is the interest on the debt? about $30 billion a month. steve: we got $200 billion to pay $30 billion. yes. and social security. brian: our revenues have never been higher, the amount of money we re getting into this country. taxes are high enough but the money is pouring in. the money doesn t stop pouring in on october 17. it does not. elisabeth: why are we able to keep using this default and why does the administration say we re going to default? ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120410:15:36:00

Folks underwater on their mortgage know they have an obligation to make their mortgage payment, they should do so and should be encouraged to do so. reporter: fannie and freddie went broke and that cost taxpayers 183 billion. secretary geithner argued for more federal action to revive the housing market. these challenges can only be addressed by government action to help speed the recover row and repair the damage remaining from the crisis. and with the reforms and investments to lay the foundation for stronger, future economic growth. that means taking action in the short term to support growth, helping americans refinance their mortgages, investing in public infrastructure projects. reporter: since the taxpayers took them over in what is called conservatorship almost four years ago fannie and freddie have provided over a million permanent home loan ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120225:13:25:00

Give them bonuses whether fannie mae and freddie mac are doing well and they are facing charges for accounting fraud, security fraud, they are having their legal bills paid and the estimate is the tab so far is approximately $200 million. so far. just in legal bills alone and it will probably get larger. clayton: this is the total cost to taxpayers since 2008, $183 billion from the federal housing finance agency, so, to be dealer, the same executive whose got us into this mess are now being defended, in court, using lawyers and taxpayers dollars, to defend themselves there they get us into this mess, am i following that logic correctly? guest: that is right. and think of this, these executives gottens of millions in bonuses when they were leading the entities, when they ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120224:11:54:00

Be upset with this. i know. i know. people are going to be upset and they have a right to be upset. i mean, the federal government has created a mess, a, by getting into the housing business. in 1938 which was then fannie was started and in 1970, under richard nixon which was when freddie was started, and then entering agreements with the officers of these corporations which once were wholly owned by the government and then were traded on the public stock exchanges, then are back wholly owned by the government entering into agreements that we will indemnify you, we will pay your legal defenses and any judgment against you. that s over $100 million so far. and there s no budget there. that money will just keep flowing to the lawyers representing these guys. why do you why the taxpayers the only option to bail out? is that why everyone feels helpless about hthis? there was a time that the taxpayers guaranteed fannie and freddie. fannie and freddie just lost $183 billion with a ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120224:11:56:00

Case. they re doing a good job representing these guys but the cases and there are many of them are enormous. they could last another 25 years. still giving out loans, though. yes, they are still giving out loans, brian. imagine that, an entity that s bankrupt $183 billion is still lending money to people who will never pay it back. that s what happens thanks for that positive note, judge. that s what happens when a federal government gets into a business, housing that the constitution doesn t authorize it to get into. how dare you criticize richard nixon. have a good weekend, judge. sorry. thanks for your insights. two women get stuck on the train tracks and then this happened. but they re still alive. you have to see on this unfolded. and a film like no other. real navy seals doing the acting. why do they opt for the real deal instead of doling out the job to hollywood? the directors here live next hour. [ woman ] my boyfriend and i were going on vacation, ....

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