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-- four straight year of a trillion dollar deficit one point one trillion in 2012 incredibly that's an improvement America.
The federal government will spend one point one trillion more this year than it's exempt from taxes and adds weight down -- -- not from the height of the recession.
In 2009 that brings -- a good question here.
I think -- because US barber writes is that a Texas can you explain with the money has gone.
And is going from the trillion dollars spent each year we hear you talk about the yearly deficit spending but where did -- go.
Charles Payne has the painful truth.
From the Fox Business never carried him to vote yet we're going.
A lot of it's a lot of it's going to what we call entitlements.
You know Social Security benefits Medicaid Medicare that's really the big.
You know that some of it goes into the pet projects what you might call pork things like alternative.
Energy I think we're just we just spent our government spends spends and CNN keeps on going and let me just give our viewers a sense put -- on the -- now that this is some of the annual spending it you're gonna get every year now this is 770 billion a Social Security.
Not Medicare is 560 billion you want more we'll give you more Medicaid suit 262 billion dollars.
And then you've got to other mandatory spending at 670 billion dollars man oh man defense 680 doing it just keeps on going.
-- non defense discretionary 628 billion.
Net interest our interest is 224.
Billion dollar -- that cannot be sustained.
But the here's the thing is gonna get worse I mean -- we can conceivably have a time in this country spending a trillion dollars a year to surface.
What we -- To services.
You're not gonna bring it down just on interest along so -- so that last figure it 229.
Semi billion dollars to go to a -- -- had absolutely and absolutely -- -- our economy is slow.
CBO comes out today it says it probably is going to get slower next year so that's less revenue for the government.
But the real key that wrote that little thing here is they won't stop -- you just rattled off some things Social Security well.
Any time any politician brings it up with respect to trying to fix it -- run out of town in a row Medicaid Medicare.
When the when the president Obama's health care law -- and more people going to be a Medicaid more people -- gonna -- this sort of assistance.
-- -- -- -- In a couple with two minutes then unemployment benefits welfare through the roof food stamps we spent 71 billion miles only this year.
We got -- got a good bill did an ability that blows the mind right and we charge you with going out finding an answer as to how this ends.
You can't answer that.
Which tells us a lot they did it did there's only two scenarios that the American public demands it and and that and that but by demanding it that means that were willing as -- as a nation.
To suck it up a little bit too it's just sucked it up just a little bit and be realistic about this war we play this game and we look over what's happening over -- Greece and Portugal those countries that there's a problem.
No one can bail us out in our problem is you know sixteen trillion and counting.
It's one thing the bell operates and we see how much -- that's wrecked over the entire world for almost a year.
Imagine when our turn.
I don't -- -- yeah I -- -- -- but I will say this if we have pro pro business pro achievement policies bill I think that would help with the absence of leadership to one an agreement right.
By the way -- and Connie felt.
Six days is right every time.
I have six more so without ethical thing is sixty different attitude -- -- got a question -- answered Everett foxnews.com -- the email also -- -- -- Bill -- you can.
File away right now for Charles popular film more that.
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