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Detailed text transcripts for TV channel - FOXNEWS - 20110728:14:08:00

the pentagon. $14 billion in federal salaries and benefits, $4 billion in tax refunds, and, a bunch of other obligations including $74 billion basically for operating most of the rest of the government. so, we re talking about potentially a government shut down. alisyn? alisyn: yeah, people will not happy if their tax refunds and other things are not paid. here s the situation when it comes to social security. the debt ceiling deadline was set for august 2nd because of the huge amount of social security checks set to go out august 3rd. and, last month alone the treasury department mailed out 56 million checks and on average, each was worth more than $1,000. i hope you have your calculator out. you can do that math. meanwhile, the fight over the debt brings us to america s newsroom, web poll today, how concerned are you, if the u.s. government is given a downgrade? tell us what you think about this on our home page,

Detailed text transcripts for TV channel - FOXNEWS - 20110728:14:11:00

next. alisyn: america s top brass says usama bin laden s al qaeda is pretty wiped out, but there is an al-qaeda 2.0, how it threatens our security. bill: and chaos in tinseltown, how a simple text message sparked a hollywood riot. alisyn: and g.o.p. presidential candidate ron paul not mincing words on the debt ceiling deadline. the congressman tells us why the boehner bill will not get his vote. august 2nd, i think is a fictitious date. there are already many, many billions, $75 billion over the debt limit, already. and so, i think the august 2nd date is more related to the individuals who have trips planned in august, and want to clean up the mess.

Detailed text transcripts for TV channel - FOXNEWS - 20110728:14:05:00

office and you talked a little about the economic record and, you look at the debts gone up 35%, unemployment up 18% and health care costs up 19% and gas prices are up 100% and that is his record. alisyn: on the flip side democratic senate majority leader harry reid weighing in from his corner calling the debt plan coming out of the house today a, quote, big, wet kiss for the right wing. bill: and meanwhile prominent members of the tea party movement turning their criticism, some of them, to speaker boehner and calling for him to resign. tea party nation founder writes, we need a speaker who is a leader and someone with courage an vision and boehner has none of those qualities and he is not a leader and despite the talk there are tea party backed freshmen, coming up publicly in defense of speaker boehner. we ll see how many go for it. alisyn: if congress fails to raise the debt ceiling the white house has to make tough decisions about who gets paid and who doesn t and millions of

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

senate democrats are playing 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

Detailed text transcripts for TV channel - FOXNEWS - 20110728:13:28:00

but a lot of legal battles to go. alisyn: thanks so much for coming in with the explanation. bill: news out of northboundway. we are hearing from the security cheever of that country saying anders breivik responsible for killing more than 70 last friday was a lone wolf. despite the fact that he has been telling police there are more cells out there and more people who believe in what he carried out and more attacks could possibly be on the way. the security chief says he s a lone wolf and the incarnation of total evil. we are looking for more on his out of oslo. we have a crew on scene and when we get more information we ll pass its along to you. that country of 5 million struggles to figure out why this happened. anders breivik called a lone wolf after the claims he made this past weekend. alisyn: cameras were rolling

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