refinance for five years. so essentially it would cost the taxpayers almost $60 billion. and this is a group of home borrowers who has proven that they can pay their mortgages time every month even though their interest rates are twice that of prevailing rates in the midst of a struggling economy. so these are people who don t even really need the help. juliet: okay. so people who are watching this are saying, wait. who is this going to help? is it going to be good news for anybody? listen, before people say gosh, kendra, you re not in that position, how would you know? i m under water in my home. i happen to be under water. juliet: a lot of us are. yeah. but is it really worth the personal benefit to me to pass that bill on to future generations of americans? no, i don t think so. and to expand the government s
and say we are not going to spend above that level. democrats want to raise your taxes more and turn us into an economy that is no longer driven by the private sector. sean: you talk about kicking the can down the road and passing the bill on to future generations. reporter: this is a fox news alert. former first lady betty ford has died at the age of 93. ford was the wife of former president jarrell ford. also co-founder of gerald for. also co-founder of the betty ford addiction center. in august 1974 when nixon resigned the presidency, betty ford knew she had her work cut out for her. just the thought of being first lady can be very challenging. and it was. it was a demanding job. but it comes with no job description. from the beginning, betty ford was an unconventional and
and say we re not going spend above that level. democrats want to raise your taxes and spend more, more, and turn us into an economy that is no longer driven by the private sector you talk about kicking a can down the road and casting a bill on to future generations. you ve been discussing this a lot on the road and talked about it today. how do you then balance the budget? you want to go 40%? 20% gdp. you talked about balancing the american budget. now, threeรง consecutive years had at least a trillion and a half billion dollar, dollar budget deficit that. is almost $5 trillion. they want to raise the debt ceiling from where sit to $14.3 trillion. how do you still provide service that s maybe america wants and maybe they don t need? sometimes a democrat only takes a way to balance the bunl jit raising taxes. the problem is that is that
almost 40% of all economic activity in america is by government. government is taking 40% of the gdp. at the state, local and federal level. president obama has taken government spending at the federal level from 20% to 25%. at some point, you see us being a free kphaepb you become a government economy. we gotta stop that. america ceases being america. we cease being able to provide high incomes and good job opportunities and rising standard of living if we have government running our lives. we have to shrink the steel of government. i would cap the a.m. that government can spend at 20% or lower. an and say we are not going to spend above that level. democrats want to raise your taxes and spend more and turn us into a is no longer driven by the private sector. sean: you talk about kicking the can down the road. passing the bill on to future
almost 40% of all economic activity in america is by government. government is taking 40% of the gdp. at the state, local and federal level. president obama has taken government spending at the federal level from 20% to 25%. at some point, you see us being a free kphaepb you become a government economy. we gotta stop that. america ceases being america. we cease being able to provide high incomes and good job opportunities and rising standard of living if we have government running our lives. we have to shrink the steel of government. i would cap the a.m. that government can spend at 20% or lower. an and say we are not going to spend above that level. democrats want to raise your taxes and spend more and turn us into a is no longer driven by the private sector. sean: you talk about kicking the can down the road. passing the bill on to future generations. you have been discussing this