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Detailed text transcripts for TV channel - FOXNEWS - 20110721:02:02:00

would like to do in general? they handed out a three page outline but it has not been put into legislative text. there is no draft yet of it and so it is really hard to make an evaluation. and we have gotten conflicting reports about what is in it. they are trying and putting forward a proposal but we will vote this week on a cut, cap and balance proposal which i think represents the best opportunity to really address in a meaningful way the need to reduce spending, reform spending and get this runaway debt under control. greta: and with a little sarcasm in my voice they will send it to the drafters and it will be 2800-pages and nobody will read it and vote on it, right? between now and the deadline, august 2, it is hard to feature actually getting the legislative language drafted, getting the congressional budget office to score it, and actually being able to allow enough time for senators and

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