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Detailed text transcripts for TV channel - FOXNEWS - 20100731:08:09:00

making mid-course correction and providing check and balance to runaway federal government. led by nancy pelosi and senate majority reid democrats have two tough decisions with big economic and political consequences. first, billions in bush tax cuts set to expire and rates go back up slowing the recovery unless congress extends the cuts. separately, 13 massive government spending bills to fund the government next year are almost certain to increase spending. and some democrats are distancing themselves from the president and party s big spending. in arkansas democratic incumbent lincoln trails her g.o.p. opponent by double digits and the ads speak volumes. i want to show you what it is like in washington these days. tax dollars? that is why i voted against money to wall street, against the auto company bailout, again the public option health care plan. some liberal democrats taking a pounding and considered at

Detailed text transcripts for TV channel - FOXNEWS - 20100730:22:23:00

which in theory would void the individual mandate. we say in theory, because in is unlikely states can tinker with the federal law. what if another state decides to opt out of another section of that? we do not believe that is a good way for us to govern ourself. now, the constitution says that federal law is the supreme law of the land so if it passes, it could face an immediate legal challenge. that s what we are counting on. we hope for the conflict in the court to force state sovereignty to be in question. in addition to the likely court battle, it is something of a senate fight between the favor major party candidates. the overwhelming favorite in the democratic primary is missouri secretary of state is antiprop c. and the likely republican nominee blunt yesterday endorsed prop c and passage of the initiative gives blunt the upper

Detailed text transcripts for TV channel - FOXNEWS - 20100730:22:27:00

than two weeks from the august 10 primary. a new poll fines that senate majority leader reid and fef and nevada challenger are locked in a dead heat with reid a slight 43 percent to 42 percent advantage and our chief political correspondent sat down to find out the challenges if herrest to unseat the senate s highest ranking democrat. it is part of a fox news special airing this weekend. when you are in washington you met with big shots in the g.o.p., what did they tell you needed to do to beat reid? they said, go, girl, go. did they tell you to polish the edges? there lab a remaking since the primary a very, very dangerous game they are playing. i want you to vote for me. if she can be labeled

Detailed text transcripts for TV channel - FOXNEWS - 20100730:22:24:00

hand on a key issue as the campaign enters the final 90 days. former house speaker gingrich says he expects sarah palin to run for president in 2012 in an interview with a magazine he said that sarah palin has the potential to be a very strong candidate, and as for his presidential ambitions he will decide to run next year. and this weekend, we will sit down with sarah palin on fox news and ask her about the ruling on arizona s immigration law, the midterm elections, and her presidential plans. a poll shows that florida governor crist is leading all contenders in the senate campaign showing crist, running as an independent with a 37 percent to 32 lead over republican. and democratic green polls at 17 percent. but, if meek wins the nomination

Detailed text transcripts for TV channel - FOXNEWS - 20100730:22:05:00

america. that is breathtaking something like that is on paper. a spokesman told fox that internal memos do the thinking that leads to important changes. some are adopted. others are rejected. draft memos do not equal and should not be equal to official action or policy of the department. we will not comment on predecisional memos. the director testified before the senate judiciary committee in may that while the administration has no plans to enact the policy in the memo they have discussed the tools of available to achieve a more fair application of the immigration laws. chris? james at white house, thank you for that. economic growth slow in the second quarter of the year, with estimates gross domestic product at 2.4 percent after 3.7 percent growth in the first quarter. stocks held steady today, and

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