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Detailed text transcripts for TV channel - FOXNEWS - 20120904:19:46:00

not raise taxes, well, that is all that can happen. gerri: we have $133 million an hour, $4 billion a day, we are expected to hit $16 trillion in the 6:00 hour and let me tell you, this is equal to the combined economic output of all european economies. that is $16 trillion. that gives you an idea how big the national debt is. shepard: we will hit that during 6:00 during the national evening newscast on the big networks, right? gear gore i am sure they arranged it that way. shepard: i am confident. nice to see you, gerri. gerri: good to see you. shepard: families across mississippi and louisiana are still mopping up, many cleaning up in the summer heat still, with no electricity. do you know how hot it is in louisiana on labor day? good grief! as our coverage continues from day one of the democratic national convention, we are live if charlotte, north carolina, indoors, where it is nice and

Gerri willis6 trillion4 billion16 trillion133 million33 millionShepard smithBig the national debtGear goreCleaning upDemocratic national conventionNorth carolinaOn day oneSummer heat

Detailed text transcripts for TV channel - FOXNEWS - 20120904:19:45:00

gerri: $5 trillion is how much the debt has gone up under president obama. but everyone seems to share in this pain. under clinton the national debt went up by $1.5 trillion, over eight years. over george w. public, eight year term, it went up $4.8 trillion. now, the democrats are trying to defend themselves, just this weekend, obama senior campaign advisor axelrod had this to say. the president s plan would do what the simpson-bowles would do, cut the deficit by $4 trillion, reduce it to under 3 percent of the g.d.p. which everyone agrees we need to stabilize the debt. with growth, we will be in a position to reduce it further. gerri: axelrod went on to say if we paid down the debt it could hurt the economy. shepard: of course, the debt keeps on rising. if you keep spending and you do

President obamaBig the national debtGerri willisGeorgew public5 trillion1 5 trillion5 trillionCampaign advisor axelrod8 trillion14 8 trillionSimpson bowles4 trillionShepard smith

Detailed text transcripts for TV channel - FOXNEWS - 20120904:19:40:00

discussed sapping troops over there. guest: they have not committed to that. shepard: i said discussed. guest: it is discussed. i am sure president obama has also been discussing what to do if the syrians actually use chemical weapons. they have drawn that red line. they have said, don t even think about it to assad. we know there are contingency plans to have a more robust response when, and if, that occurs. shepard: we see what happens. judy miller, look forward to seeing you next week. guest: look forward to seeing you back here, too. shepard: the national debt, by a miracle today on day one of the democratic national convention the debt clock hit $16,000. how did that happen? just the luck of the draw. if democrats neglect to mention that number count on republicans to remind them of it. and gerri willis will look at the impact, next, from new york.

Shepard smithPresident obamaSapping troopsI don tRed lineBig the national debtOn day oneJudith millerDemocratic national conventionGerri willisNumber countDebt clock hitLuck of the drawNew york

Detailed text transcripts for TV channel - FOXNEWS - 20120904:19:26:00

percent, and the debt and deficit are skyrocketing out of control, we need new change, like the romney-ryan ticket to pull in the size of government and encourage free market enterprise and the middle class job plan is what we need to get jobs creates. shepard: another thing bubbling around which is uncomfortable to talk about, this quote that bill clinton is alleged to have at one point said, there was a time when he would have been carrying our bags for us, meaning, that president obama, there was a time when he would have been carrying the bags for the clintons. we spoke briefly before this program. you have known bill clinton for 42 years. we, as people, in society, have known bill clinton for a long-term. never heard anything like that out of bill clinton. guest: first of all, it is impossible that he would have said that much less to ted kennedy, impossible. second, the report certificate a great recorder but he is relying

Big the national debtFree market enterpriseRomney ryanShepard smithBill clintonJob planPresident obamaAmerican cityReport certificateLong termTed kennedy

Detailed text transcripts for TV channel - FOXNEWS - 20120904:19:44:15

Detailed text transcripts for TV channel - FOXNEWS - 20120904:19:44:15
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Shepard smithBig the national debtDebt clockThe treasury department reports6 trillion16 trillionFocal pointRepublican national conventionTax cutsDebt numbersGerri willis