Cut, Cap, Balance: Rep. Jim Jordan (R-OH)
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Uploaded by FRCAction on Jun 30, 2011
Tony Perkins and Colin Hanna interview Rep. Jim Jordan (R-OH) about the debt crisis and the pledge to Cut the deficit, Cap the spending, and Balance the budget. Watch the entire webcast at http://frcaction.org/cutcapbalance
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The number that isn't yet factored into the CBO numbers is the coming interest rate increases. America's debt is the largest adjutable rate mortgage in history. We should convert our debt back to 30 tr treasuries while the rates are around 4%.
BarryWuthrich 7 months ago