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Detailed text transcripts for TV channel - FOXNEWS - 20110731:04:36:00

more savings and increase the debt ceil a vote on the balanced budget amendment and gets us on the right track it is not as much as we need but a big step in the right direction. mike: do you sense that democrats that are not ready to on the record. they want to get it done and realize that at least some semblance of the boehner bill is best to come up with, is that happening in i don t think so . that s where we are going . i think you can see, you know sometimes people think that like the boehner bill got voted down in the senate you start over. that s not the case. you adjoust and move forward. you can see optimism from one side and pessimism from one and that is part of the pushing the process to a conclusion. you know as a governor that has to happen for the good of the country. mike: john, you have been a governor and a senator and i

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Detailed text transcripts for TV channel - FOXNEWS - 20110731:17:44:00

the bill a proposal to raise the debt limit failed after a house vote in may. what does he think about what is going on now. congressman garamendi, thanks for coming in. did you have any hope that it would get any further and that? we wanted to make a statement as everybody is making their own statement. one statement after another here. we wanted to follow the long h history of america, 74 times there was a clean debt move. the president wanted to do that. but we really have been faced with a manufactured crisis. one that didn t have to occur but it was manufactured, put together by the republicans to leverage into the public policy their notion of how you america ought to be running. so here we are down to the last couple of days and we going to go forward. i think we will solve this. we have to be careful how we do this. we got to be really careful that we don t harm the economy. it is very, very sensitive now. if you take a whole pile of money out of the economy right now you are

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Detailed text transcripts for TV channel - FOXNEWS - 20110731:16:51:00

viewpoints michigan whole thing with this is stay on offense. keep hooking and jabbing, keep fighting. hit the guys every way we can. that is what we re doing that s what boehner s deal does. boehner s deal cuts, it does not raise taxes. it keeps us on offense and it boxes obama in. that s what i want to do. i was in the united states marine corps and i believe in doing something, even if you have 80% of your solution. you never have 100%. you make decisions on 70%, 80%. keep fighting and take it back to then again and again. keep cutting. keep on rolling with this thing. i like it. jenny beth, what are your specific concerns or problems or do you have them with the recently boehner bill on friday? what are your objections? did you have problems with the tea party members or those who say they stand with the tea party voting for that particular measure? our stance with the tea party patriots all along is not raise the debt ceiling.

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Detailed text transcripts for TV channel - FOXNEWS - 20110731:17:02:00

there will not be tax increases in this proposal. bottom line, the most liberal members are not going to be happy with the details they hear. some of the tea party folks will not be happy with the details they hear but they are trying to find a compromise and obviously the clock is ticking. shannon: thank you very much. what does happen if the nation fails to raise the debt ceiling by the deadline on tuesday? nobody really knows for sure. most experts agree the country may not have enough money to pay all of its bills and that means $23 billion of social security checks set to go out on wednesday could be in jeopardy. bondholders will still get paid but that will come at the expense of unemployment, medicaid and defense spending. and you are looking live at the senate floor. a cloture vote going on to the bill, the debt compromise put together by senate majority leader harry reid. they are moving forward with a

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Detailed text transcripts for TV channel - FOXNEWS - 20110731:17:03:00

bill, at least cloture vote to get to the bill that most people do not think will be successful ultimately. but with details of a deal being worked out that may be moot. it is searchly not a done seal so the vote on the reid bill is going forward right now live on a sunday in washington. republican senator roger wicker says president obama is the reason we don t have a debt deal. he says he has been standing in the way by opposing a workable bipartisan solution. he joins you live to explain why. we know you are busy with the vote going on. thanks for taking a break for us. i think i will be able to do this and make the vote also. we will keep it short and snappy. you are referring to a deal that a lot of folks were done and it didn t stick together which gives us pause about whether the one we are hearing about today will also stick together. why are you, though, pointing

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