Detailed text transcripts for TV channel - FOXNEWS - 2013101

Detailed text transcripts for TV channel - FOXNEWS - 20131010:23:46:00

that would be good news. >> so you're on board with the proposal? you said a lot of good things about it, although you want more than 23406sh9. you want long-term debt ceiling proposal. they want to hold it a little bit over your head to get structural changes, but other than that -- >> look. the glimmer of good news in the republican proposal is that they have recognized that it's bad idea to default on our obligations. >> i think a lot of them have been saying that all along. >> you've got to admit there are a lot of republicans out there that say it's not so bad to go into this default scenario because they really think it's been exaggerated when think most people recognize it would be a real problem. >> i think what many of those republicans -- they're talking about the fact that, you know, we have this sort of scenario more often than we want to. we had it in august of 2011. we couldn't pay our bills and we had to raise it. and we couldn't pay it again and at some point you implode. i think ha what they're try dog

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