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Detailed text transcripts for TV channel - FOXNEWS - 20111106:23:26:00

does not come up with something. i think they are looking the markets will either correct the situation or we will. i think the economy will suffer greatly and the american people will suffer greatly. who is going to suffer the most?ç whenever the economy goes down it is those that are less well off. we have to do something. the tough thing i know this sounds ridiculous and everything else. we ve got to put aside our elections. we ve got to put aside republican and democrat. we ve got to put aside politics and do what is right for the country this is one time where i think it is critical. we ve got one chance to fix this. this is that cagce. chris: it is impressive that s why we are having you on the program. 100 members signing this, 60 democrats, 40 republicans is a big deal. there doesn t seem to be a sense maybe i m missing something, do you really sense there is a growing move? the general opinion, i think the conventional wisdom is,

Detailed text transcripts for TV channel - FOXNEWS - 20111106:23:24:00

repeatedly about four trillion. why isn t 1.2 trillion enough? that does not stable light the debt and start paying down our deficit. it is kicking the can down the road and we are out of road. no matter what theç committee comes up with it is going to be a difficult vote for every member of congress. there s going to be part of it they don t like. the reality is if i m going to make a difficult vote, i want it to mean something. i don t want it to be kicking the can down the road. chris: congressman shuller for all of this talk your group is growing, the fact s i think the prevailing sense, the conventionalç wisdom in washington now is the super committee is deadlocked. in fact, the greatest chances are they are not going to come up with any deal before november 23rd. before we get to whether that is real or not. what do you think the impact will be if the super committee comes up empty on the economy, on the markets, on the credit

Detailed text transcripts for TV channel - FOXNEWS - 20111106:23:23:00

sustainable path for our future. we put the nextç generation in a situation where they are not having to pay everything. every dollar we borrow is a tax on the next generation. chris: do you think what the president is doing these days is constructionive or not? it would be much more helpful if the focus was on what he could do and the support that he could give the super committee. the problem you have is the politics if he supports the super committee or one way thatç pushes some of my colleagues on the other side in the opposite direction in one sense, if he is on the sidelines and allow the members of the congress to continue to grow, in our numbers and support the super committee to do something big, four trillion plus, mike and i would like to have more closer to five or six trillion dollar mark and put everything on the take. chris: you both have phefrpbgsed)it. the super committee s charge is to come up with 1.2 trillion dollars in deficit reduction by the day before

Detailed text transcripts for TV channel - FOXNEWS - 20111106:23:11:00

where it would have all the elements, all the skills to assemble a nuclear weapon. would president paul do anything to stop iran from developing a nuclear weapon? only by a changeç ináyr forn policy and treating them differently. the one thing i would caution is an overreaction. if you say is true they ve been saying that for 10 years or so, so it may or may not be true. you are saying they have items and they might some day put a weapon together. the worst thing is an overreaction and go to war over this. thisç week our committee passed a very very strong sanctions bill against iran. which means that even any other country even if an ally does any trading with iran w he are going to punish them. when you put on strong sanctions those are acts of war. we did that in iraq for 10 years. little kids died, couldn t get

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