Mr. O'Reilly talks about how Erskine Bowles, who was appointed by President Obama to co-chair a commission to examine U.S. Debt, assesses our situation. Mr. Bowles shares very candidly that we are in an economic crisis that could bankrupt us. Bill asks, if the government will actually take the necessary cuts to get us out of this. This goes into an ongoing debate of if we are approaching the point of no return or if we are already beyond that point.
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