MACCALLUM: But I want to ask you one more question, because when I watched the president last night he talked about the things that have driven us to this situation, and he said two wars that we couldn't pay for, a prescription drug plan that, you know, was way too expensive to pay for, and the financial crisis that followed and that was, you know, toward the beginning of his watch and overlapping the Bush administration.

But I couldn't help thinking, well, if we weren't in such a precarious situation and hadn't overextended ourselves to such an incredible extent where we are sending out 80 million checks a month - the U.S. government - wouldn't we have been able to handle those things like the two wars in a much better, stronger fiscal position, and isn't that where we really want to be as a country, where a war doesn't bust us because we've got good fundamentals?

Previously:

Hannity Wrongly Blames Debt-Ceiling Crisis On Obama Policies