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Detailed text transcripts for TV channel - FOXNEWS - 20110803:14:17:00

came up with ideas, that then were not enacted. a great question, and i think there is a difference, because, this is kind of like a conference committee. the way congress is actually supposed to work, where, the house comes up with a plan and this is the house republican budget we put forward that actually solves the fiscal challenges and the senate comes up with a plan and they have not come up with a plan but hopefully will do so and the two committees, the two groups get together in a conference committee and come forward with an agreement between the two chambers. so, i view it more as a conference committee as opposed to a super committee and it is within the structure now, of the processes in both the house and the senate whereas the others were not. alisyn: i like your optimism, but how does the conference committee get past the huge divide that of course separates the republicans from the democrats and that is whether to increase taxes, or to cut more spending? well, there

Detailed text transcripts for TV channel - FOXNEWS - 20110803:14:36:00

and a lot of things between the obama administration and republicans in congress. republicans say the obama administration should not have unit laterally changed these rules, without the approval of congress. and, democrats believe the president had the right to do that. bill: now, is it cheaper to fly because of this? we mentioned the airline pact. is that still being collected or has it been waived. let s say it should be cheaper to fly because the faa is no longer authorized to collect the airline tax, and, therefore, airline ticket prices should be going down, a number of airlines kept their prices the same. pocketed the difference, and, there is a fight about, will that be reimbursed once the reauthorization takes place. bill: ultimately, is it less safe to fly? is anyone making the argument, with 4,000 workers furloughed? well the secretary of labor, ray lahood said it is safe to fly, and, air traffic controllers are being paid, they are on the job, and plane inspectors are b

Detailed text transcripts for TV channel - FOXNEWS - 20110803:13:47:00

is anybody attacking michele bachmann because she missed 40% of the vote of in congress since she has been out campaigning for president? do we attack bush for the years he spent at the ranch? this is partisanship at its worst. leave the guy alone. let s have a party. bill: $86 million? they are jealous because they can t raise that kind of money. nobody begrudges a president the right to celebrate his birthday. it s just that the economy is a disaster. obama was elected on the promise he would reverse the trend and put americans back to work. we just found out the new numbers came out. the bush recession was a lot worse than originally thought. mr. boehner, where are the jobs in the republicans were elected

Detailed text transcripts for TV channel - FOXNEWS - 20110803:14:33:00

agreement between congress and the president will resulted in a significant decrease in government spending? over the next few years and of course that was the heart of the argument, and what did you find? well, 58% say it is not likely to happen. 35% say it could happen and only 6% say it is very likely. and again we see a partisan divide. plurality of democrats, 48% say, yes, it will lead to significant cuts and, nobody else does. and, this is again, part of that larger challenge. it sounds crazy to a normal person, that you raise the debt ceiling to cut the debt. and, they just don t believe the spending cuts will happen. alisyn: right. i mean, intuitively americans understand when you raise your credit card limit, that does not make your spending go down. that is what politicians are telling you. and, again, that is. the trust between washington and the voters, is very, very deep on this and i have been saying, they are listening to politician

Detailed text transcripts for TV channel - FOXNEWS - 20110803:13:36:00

mcafee found that logs were being produced. among the targets were associated press report nrs monday congress and new york. they were working on reports related to china. they clicked on infected emails and that allows them to gain access. bill: a lot more to be uncovered, too. steve centanni live in washington. alisyn: fresh concerns over the new bill to raise the debt limit and the possibility of substantial cuts to the military budget. some 350 billion dollars will be slashed from the national security budget over the next 10 years. another $500 billion if congress is unable to reach a bigger debt deal before christmas. an estimated total of $700 billion in defense cuts over the next 10 years. but exactly where will those cuts be?

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