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Detailed text transcripts for TV channel - FOXNEWS - 20110730:00:01:00

to introduce the boehner bill which is really to chevrolet the boehner bill, what s happening? use the boehner bill as a shell often legislation severine parliamentary pristles to move it quickly. take that bill, gut it and put in the guts of their own bill and, of course, we know how things will go from there? laura: before we go to ed, tell us about this big balanced budget amendment added after all this tea party pressure. added this to the final boehner bill, passed with still a squeaker vote what does that actually mean. 6:30 tonight eastern time, the second boehner bill passed. it s really the thirds if you count cut, cap, and balance. this bill which was so unpalatable to his tea party pull it from consideration. consideration. by virtue of still the same bill

Detailed text transcripts for TV channel - FOXNEWS - 20110730:00:44:00

haven t bought it nancy pelosi said it even president obama tried to play goof on us and what ended up happening? november 2010. we are the adults in the room. the fact is we wouldn t have this debate if the tea party didn t exist. laura: cathy, i m trying to put myself in the position of a democrat who supported obama. bleefnt, i can do that. can i actually make myself think that i m thinking, i m thinking, okay, i don t think the tea party is who i would be really upset with now, because i kind of know what the tea party is all about. i know what they are thinking. i would be kind of really upset with geithner, obama, biden, and the whole crew who seems to have basically shuffled off the responsibility for coming up with any type of framework or plan to other people to do and then they are crying there is no leadership. i would be mad at obama. the tea party is the tea party, right? i think the tea party has made a fool out of themselves and i think the american people have seen

Detailed text transcripts for TV channel - FOXNEWS - 20110730:00:22:00

job. we have actually passed two bills. actually doing our job while the president is over there talking about cafe standards, we are actually doing the work that we are supposed to be doing. i m proud of the work that we have done. i m proud of john boehner. we re going to continue to fight to reign in spending. remember, it was february of 2010, not too long ago that the president and the democrats who had the house and the senate and the presidency, they got a $1.9 trillion debt ceiling increase with barely even a whisper. and now every time this thing comes up, we re going to continue to fight for that balanced budget amendment. laura: all right, congressman, great to see you. thanks so much. now we turn to oklahoma congressman james lancaster ford who voted for boehner s debt limit bill. i know you aren t in the pig pile on each other mode at this point. it is an interesting question whether the final deal will be better or worse off for conservatives like yourself given the fac

Detailed text transcripts for TV channel - FOXNEWS - 20110730:00:10:00

within his own caucus down the road is yet to be seen. he is a player though at the table. and by this vote passing the house tonight, by 218 to 210, his chip is now in the game. you re right, senator mcconnell and senator reid have been driving this. but there are other senators who are intimately involved. the gang of six has played a role. three democrats, three republicans. there are a lot of meetings happening behind closed doors. as far as we know, the president has not been intimately involved in a lot of this. he may have wanted to in the last day or so. but it s been essentially driven on capitol hill. laura: ed, back at the white house, the president gives a speech today, appears to talk about cafe standards, fuel efficiency standards, wanting to raise them by what is it o2050? 20 it 5. double them by 2025. it s a big deal. laura: it s a big deal. it seems a bit odd given the severity of what s happening to

Detailed text transcripts for TV channel - FOXNEWS - 20110730:00:14:00

them back to the house with this compromised piece of legislation that they hope to wrap up by the deadline of tuesday i think ed hit on something that s really important. 1.3%. and in addition to that the revisions of previous quarters. this is a huge story when you look at the narrative of the recovery that this administration has been trying to paint it is not there. they are now taking the roll call votes as can you hear them vocally in the background. laura: the president s approval rating. new gallup low of 40%. i know they say don t look at the polls. we have the agenda. 40%. i mean, you can say what you want about the tea party and the republicans he is the guy in charge and he has approval rating. how concerned is the white house tonight about those numbers. they have to be really

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