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Its tuesday, march 19th, and this is fox friends. A bizarre responds from the podium to peter doocys question about reports that biden is angry and anxious Behind The Scenes. This is the when did you stop beating your Spouse Question because i dont think he ever did that. And so. Steve what . Lawrence so awkward. Plus the high seize. Trump says paying 450 million is irresponsible snatch up empire. Jonathan turley in minutes. Brian is exercise not your thing . Jamie, what are you doing . Im doing mortal running. Mo horizontal running. Brian all the pills of working out without working out. Ainsley nice. Steve dont have to break a sweat. If it is, that would be celebrate. That is not the american way. Welcome aboard, folks, 7 01 in New York City. Second hour of fox friends starts right now and remember mornings are bett ....
He endorsed that terrible house budget which reduces deficit according to the congressional budget office. no, it doesn t. it does, juan. it doesn t say karl, where i would make cuts in order yes it does. it says we ll slow future growth of medicare spending from 454 billion to 600 million. i read it. stop. get it autographed by paul ryan. bill: can t wait for round two. coming on this program, this week, steve moore, senior economics righter for the wall street journal. how you are you doing this morning? great to be with you. bill: both men were making a simple point. the other side has not put forward a plan. break it down here. has mitt romney in your view put enough of a plan forward on the table what he would do in november? what he has to do i think is really distinguish himself from george w. bush. bill, it is pretty clear that the attack lines from barack obama and all the ....
It s it s now it s $15 trillion and we need it to be $16 trillion. we don t need it to be. it s gonna be. it s gonna be. let s back track for a second and this was built into the debate over the summer in congress, agreed to this, correct? ok, look, this is almost automatic. the debt ceiling is going to be raised. we are going to get authority to raise, borrow an extra $1.2 trillion. now, just go forward a little bit. by election day, our outstanding debt in america is going to be well over $16 trillion. you know what it was when president obama was sworn in? $10.6 trillion. in other words, you ve gone up close to $6 trillion, 60% in four years. how much money do you think we pay in interest on that? look at that, now it s going $16 trillion on election day. how much interest on that debt? $454 billion a year. that s $9 billion a week. and by election day, it goes to ....
The super committee said, reality is starting to overtake hope. talks have taken place over the weekend, they ll continue to take place. but the reality is we need to come to an agreement, we have to get it drafted and it has to be estimated by the congressional budget office by the end of monday. i think we re deep into the fourth quarter but there s still time on the clock. i don t think any of us wants to let the time run out without trying everything possible to get there. if the super committee fails, then the law says a set of automatic spending cuts goes into effect in 2013, about $1 trillion in cuts and almost half of that is to the defense budget. jamie? jamie: molly hennenberg live from d.c. thanks. eric: if the super committee does fail to reach a deal, a series of automatic cuts will take effect. let s take a look at the numbers. those cuts, $984 billion. they include $454 billion in defense spending. you know that s been a ....
Costs by tomorrow, some time, and it is very difficult to see how all of that work could be done in that period. i think we are deep into the fourth quarter but this is still time. i don t think any of us want the time to run out without trying everything possible to get this. reporter: the super committee is required by law to have 48 hours for members to review the c.b.o. calculations before voting on any deal which is why it has to be done by tomorrow to vote on wednesday. a moot point if they cannot reach a deal in the first place. thank you, molly, from washington. the super committee has until wednesday to cut $1.2 trillion in spending but if they fail a series of sweeping automatic cuts take effect totaling $984 billion. they include $454 billion in defense spending and domestic spending cuts as well as $294 billion in non-mandatory ....