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Detailed text transcripts for TV channel - FOXNEWS - 20110801:19:39:00

$500 billion over 10 years is going to hurt the pentagon. what is interesting, no one is talking about something the gang of six came up with, from a republican senator coburn, he was talking about how simply by raising some of the health care premiums of retired veterans could bring billions inization and they have not gotten into the details of what the defense cuts will entail and that will be the hard work. shepard: thank you, jennifer. mike covers capitol hill for us. mike, at some point, speaker boehner will attempt to get unity in the party and in the caucus to try to get done what the tea party folks want while trying to move this forward. it has proved to be difficult. i wonder if there are points of new found agreement? reporter: it is interesting. i heard a sound bite from

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Detailed text transcripts for TV channel - FOXNEWS - 20110801:19:35:00

reporter: and a lost times it had projects in a district and those days are gone when we consider how bad our debt and deficit crisis is at this point, so, it is hard to say i ll give you this and if you give me that because we are trying to cut not trying to add things. so, that is the dilemma. in the old days, not that long ago, actually, john boehner, the speaker could have said to some members we will did this in your district, if you get on board, but those days are gone, so it is a new reality and there are people who were sent to washington, as you mentioned, who were sent here to totally cut or to totally represent other agenda or background so that is the reality. shepard: i m looking forward to hearing speaker boehner in a moment. thank you, mike from capitol hill and ed henry at the white house we will rely on you for analysis. the speaker was to have begun five minutes ago. it has been delayed throughout

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Detailed text transcripts for TV channel - FOXNEWS - 20110801:19:31:00

someone, she says, has to say no. i will. and now, we will break it down. our chief white house correspondent is there live, and mike emanuel working capitol hill at the capitol. how many of them are going to act in a way that person did, michelle bachmann and not let this happen? reporter: the house will be the tougher sell, the body language from senators i saw suggested a lot of them seemed relieved there was some sort of deal trying to avoid driving our economy off of a cliff after august 2nd so both leaders in the senate, mcconnell and harry reid, are strong supporters and are effective trying to get votes and the tougher sell is the tea party folks in the house of representatives and, then, you have the liberal groups who are also opposed and the minority leader pelosi has not really

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Detailed text transcripts for TV channel - FOXNEWS - 20110801:19:51:15

Detailed text transcripts for TV channel - FOXNEWS - 20110801:19:51:15
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