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Detailed text transcripts for TV channel - FOXNEWS - 20110209:15:18:00

no, has it ever deficits have gone up since reagan, when has it ever solved the deficit problem. martha: all right, ed. the fact is, in 2007, we had more revenue coming to the federal treasury, than at any time in the history of the united states of america. under those that tax relief because and bush spin it on medicare and a bunch of things. and. i didn t interrupt you, alan. okayed. when you spouted off erroneously. the fact is we had more revenue coming to the federal treasury in 2007 than any other year in the history of the u.s.a. and that was a result of 54 months of uninterrupted job creation and the president was right to extend the tax relief and not raise taxes when we re trying to get our economy growing again and he was clear in the state of the union response he s not serious about deficit reduction and addressing the debts that doubled en five years under his budget and tripled in ten years under his budget, and, what you are seeing is republicans in

Detailed text transcripts for TV channel - FOXNEWS - 20110209:15:20:00

looking at those numbers? there is more than that, that goes into the stew of whether he s reelected. republicans have not been able to put forth a candidate embraced by the american people and the economy is coming back and we have seen certain indicators, job growth, is taking place, granted more slowly, than we would like, and i don t think the republicans have to field a candidate, and then we d have a candidate to see whether or not somebody can actually beat the president. martha: ed, last 20 seconds, in terms of what the g.o.p. wants to do, cutting spending, will they get anywhere and impress voters with what they will do. i believe they will and cut their own budget in congress, which was major and paul ryan and his state of the union response, independent voters track closely with republican voters and we ll have an opportunity, it is february of the odd-numbered year and have ample time for republicans to find a nominee to give voice to our policies. good luck. martha

Detailed text transcripts for TV channel - FOXNEWS - 20110209:15:16:00

see the urgency. president barack obama: i thought there was enormous urgency, look at what we re doing, we are cutting $400 billion, proposing, to cut $400 billion of spending over five years. and what i said to the republicans is, i want to work with you, to figure out how we cut spending. martha: all right, we all remember those moments, in the interview, before the super bowl, that was president obama defending what he has done to slash america s crippling debt but, now, look at a new gall ga poll out this morning, so far americans are not impressed with how the president is doing on the issue. in fact, 68% said they disapprove of the way the president is handling the budget in this country and that is up 4%, since november. meanwhile, only 27% say they approve of the job he is doing on this, which is a huge, huge issue facing or country and on the minds of voters to be sure, i m joined by our fantastic panel, ed gillespie today, former r.n.c. chair, and counselor to president g

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