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Detailed text transcripts for TV channel - FOXNEWS - 20110728:05:35:00

albeit a trillion less than the cbo baseline, but still seven trillion of additional debt. every year under the boehner plan, we will pen more and borrow more and the debt we will spend more and borrow more and the debt will grow. boehner plan in 10 years, will be 21 trillion. it is too much. it doesn t change the trajectory we are on. greta: i guess you dope like the reid plan coming out of this senate? my litmus test for raising the debt ceiling, one, we have to significantly change what we are doing. i don t think we are to be trusted with more money. somebody who spends unwisely shouldn t be given more. we shouldn t raise the debt ceiling unless we have a plan that balances our budget. think how reasonable this is. the balanced budget amendment allows five years to balance if we pass it would it take two to three years to pass the states. we are talking about eight

Detailed text transcripts for TV channel - FOXNEWS - 20110728:02:35:00

albeit a trillion less than the cbo baseline, but still seven trillion of additional debt. every year under the boehner plan, we will pen more and borrow more and the debt we will spend more and borrow more and the debt will grow. boehner plan in 10 years, will be 21 trillion. it is too much. it doesn t change the trajectory we are on. greta: i guess you dope like the reid plan coming out of this senate? my litmus test for raising the debt ceiling, one, we have to significantly change what we are doing. i don t think we are to be trusted with more money. somebody who spends unwisely shouldn t be given more. we shouldn t raise the debt ceiling unless we have a plan that balances our budget. think how reasonable this is. the balanced budget amendment allows five years to balance if we pass it would it take two to three years to pass the states. we are talking about eight

Detailed text transcripts for TV channel - FOXNEWS - 20110728:14:43:00

with fire here, and it s hard to conclude that they re doing it for any other reason than politics. so i would urge our friends on the other side of the aisle this morning to rethink their position and join republicans in preventing default. alisyn: that was senator mitch mcconnell just speaking on the senate floor, and senate majority leader harry reid also just speaking saying he s willing to listen to republicans ideas and is urging them to compromise. let s find out what texas congressman ron paul has to say about all of this. he is a 2012 republican presidential candidate. good morning, congressman. good morning. alisyn: i want to start with the boehner bill which will cut $917 billion from the deficit over the next decade. will you vote for it today? no, i won t. because, you know, those cuts aren t real. it says that we re going to cut a trillion dollars out of next year s budget, but that s from the cbo baseline, so actually there are no cuts. so i couldn t vote for that,

Detailed text transcripts for TV channel - FOXNEWS - 20110728:02:35:00

albeit a trillion less than the cbo baseline, but still seven trillion of additional debt. every year under the boehner plan, we will pen more and borrow more and the debt we will spend more and borrow more and the debt will grow. boehner plan in 10 years, will be 21 trillion. it is too much. it doesn t change the trajectory we are on. greta: i guess you dope like the reid plan coming out of this senate? my litmus test for raising the debt ceiling, one, we have to significantly change what we are doing. i don t think we are to be trusted with more money. somebody who spends unwisely shouldn t be given more. we shouldn t raise the debt ceiling unless we have a plan that balances our budget. think how reasonable this is. the balanced budget amendment allows five years to balance if we pass it would it take two to three years to pass the states. we are talking about eight

Detailed text transcripts for TV channel - FOXNEWS - 20110728:05:35:00

albeit a trillion less than the cbo baseline, but still seven trillion of additional debt. every year under the boehner plan, we will pen more and borrow more and the debt we will spend more and borrow more and the debt will grow. boehner plan in 10 years, will be 21 trillion. it is too much. it doesn t change the trajectory we are on. greta: i guess you dope like the reid plan coming out of this senate? my litmus test for raising the debt ceiling, one, we have to significantly change what we are doing. i don t think we are to be trusted with more money. somebody who spends unwisely shouldn t be given more. we shouldn t raise the debt ceiling unless we have a plan that balances our budget. think how reasonable this is. the balanced budget amendment allows five years to balance if we pass it would it take two to three years to pass the states. we are talking about eight

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