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Detailed text transcripts for TV channel - FOXNEWS - 20110809:05:33:00

does the tea party bear any responsibility? the tea party has responsibility bringing this problem to the forefront. for laying out the fact that we are bankrupting this nation. if you are going to put a name to this downgrade it would call it the debt denier downgrade. i don t agree with the downgrade. i think america is the safest place to invest. the greatest nation on the face of this planet. we are spending too much. we ve incurred too much debt. it equals the size of our economy that s a dangerous place to be. greta: if you think it is such a safe bet i know your background is in accounting what is your theory why the s&p downgraded? probably they want to look like they are doing something after making a mess of the credit swaps? they are looking at the long term reality.

Detailed text transcripts for TV channel - FOXNEWS - 20110809:02:37:00

problem. when we have the dow jones drop as much as it did effort the last couple of days. now peoples 401(k) s are decreasing. we people feel good about investments they might start spending. we they feel bad they are going to i totally agree. we should be back in congress monday. start tackling this problem. it starts with putting structural controls on our spending. it is a spending problem. we are going to spend another 46 trillion over the next 10 years. incur another 12 trillion worth of debt reduced by two trillion with this deal. we are not serious about it. what action we ve taken so far is inadequate that s why we ve had a downgrade. greta: senator from the great state of wisconsin, thank you. president claiming he and congress working as hard as he

Detailed text transcripts for TV channel - FOXNEWS - 20110809:02:33:00

does the tea party bear any responsibility? the tea party has responsibility bringing this problem to the forefront. for laying out the fact that we are bankrupting this nation. if you are going to put a name to this downgrade it would call it the debt denier downgrade. i don t agree with the downgrade. i think america is the safest place to invest. the greatest nation on the face of this planet. we are spending too much. we ve incurred too much debt. it equals the size of our economy that s a dangerous place to be. greta: if you think it is such a safe bet i know your background is in accounting what is your theory why the s&p downgraded? probably they want to look like they are doing something after making a mess of the credit swaps? they are looking at the long term reality.

Detailed text transcripts for TV channel - FOXNEWS - 20110809:05:37:00

problem. when we have the dow jones drop as much as it did effort the last couple of days. now peoples 401(k) s are decreasing. we people feel good about investments they might start spending. we they feel bad they are going to i totally agree. we should be back in congress monday. start tackling this problem. it starts with putting structural controls on our spending. it is a spending problem. we are going to spend another 46 trillion over the next 10 years. incur another 12 trillion worth of debt reduced by two trillion with this deal. we are not serious about it. what action we ve taken so far is inadequate that s why we ve had a downgrade. greta: senator from the great state of wisconsin, thank you. president claiming he and congress working as hard as he

Detailed text transcripts for TV channel - FOXNEWS - 20110809:05:51:30

Detailed text transcripts for TV channel - FOXNEWS - 20110809:05:51:30
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