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Detailed text transcripts for TV channel - FOXNEWS - 20110719:17:39:00

the president said that the mcconnell plan and harry reid plan, that they are working on is still on the table as a last-ditch effort. but he seemed somewhat positive about this. we ll talk a little whao eul with little while with abunch og major garrett about what all this haoepbs and where we go from here in the effort to raise the debt ceiling by that august 2nd deadline. the on going hearings that we are watching for the news of the world newspaper in britain with rebekah brooks testifying continues. and we want to take you back there for the time being. then we ll get back into the debt discussion with senator tom coburn here a little while from now. for now let s go back here. i can t comment on what who know it, when they know it and how they knew it. i can only tell the committee what i knew while i was editor of american s newsroom and editor of the sun and my actions

Detailed text transcripts for TV channel - FOXNEWS - 20110719:17:38:00

there is going to have to be a broader agreement on the part of awful the leadership that we re going to get this done in a serious way and we ve got a tight deadline to do it. all right. thanks, guys. martha: it looks like he wasn t going to take any questions. then he ended uptaking one at the last minute there. what is getting all the attention this afternoon is this gang of six that s got even together in the senate and has put their arms around a plan that would basically have 3.7 trillion in cuts and one trillion that would come back into the coffers due to revenue changes and eliminating tax loopholes. a lot of specifics on this. we will get this on america live from senator tom coburn who is the one who just rejoined this group and that really put all of this in motion the fact that he rejoined the group and it gets very serious now in terms of a possible plan. the president said that the mcconnell plan and harry reid plan, that they are working on is still on the table as a

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