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Detailed text transcripts for TV channel - FOXNEWS - 20121128:17:10:00

get that done. if we get that done a lot of the other stuff will be a lot easier. [applause] so, in light of just sort of spreading this message i m going to be visiting pennsylvania on friday to talk with folks at a small business there that are trying to make sure that they are filling their christmas orders, and i ll go anywhere and i ll do whatever it takes to get this done. it s too important for washington to screw this up. now is the time for us to work on what we all agreed to, which is let s keep middle class taxes low. that s what our economy needs, what s what the american people deserve and if we get this part of it right then a lot of the other issues surrounding deficit reduction in a anywhere and balanced and responsible way are going to be a whole lot easier. and if we get this wrong the economy is going to go south, it s going to be much more difficult for us to balance our budgets and deal with our

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Detailed text transcripts for TV channel - FOXNEWS - 20121128:16:12:00

side trying to pull entitlement reforms like medicare off the table. john boehner basically saying he thinks the spending situation is sort of a freight train that is coming at the nation right now. republicans senator mitch mism the leader in the senate mitch mcconnell blasted the president of saying he is doing is too much campaigning and not governing. take a listen. it is over. he won. congratulations. we have a hard deadline here however. and it is still, he is still out on the campaign trail, kind of celebrating. this is the problem. if the president really wants to reach an dwreechlt he needs to be talking with members of his own party right here in washington trying to broker an agreement, not out there firing up crowds and giving speeches. reporter: now the bottom line when you listen to comments like that it is pretty clear both sides are digging in pretty tough. not a lot of progress in these talks. and what is interesting republican senator tom coburn said on fox earl

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Detailed text transcripts for TV channel - FOXNEWS - 20121128:16:13:00

together and solve this or the markets will solve it for them. jon: the markets have not been happy with all the dithering in washington. ed henry. reporter: good to see you, jon. jenna: the man accused of leaking classified documents to wikileaks. what bradley manning is hoping to prove. a record jackpot in a super lottery. the grand prize? $500 million. would that kind of cash buy your happenness, jon? jon: i don t think so. jenna: maybe a billion? we ll ask our viewers what though think about that. go to foxnews.com during the break to vote on our online poll. rick leventhal is live in island park, amongst the powerball fever. are you feeling okay, rick? reporter: this is one of the communities hit really hard by hurricane sandy. we talked to people hoping to reverse their fortunes with the half billion dollar jackpot. we ll have more on the

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Detailed text transcripts for TV channel - FOXNEWS - 20121128:17:25:00

and more is off the table. in 2011 the president said everything should be on the table, that included entitlement reform. now democrats are saying, social security we shouldn t mess with, these what senator harry reid said. the president has backed him up on that. other -ts are saying let s not cut medicare benefits. it s going to be very difficult to get a deal. the more and more members you talk to they are not talking about christmas, they are talk being about new years eve as a deadline they could be in washington. jon: tom cole of oklahoma has more less broken with his leadership and said, yeah, let s do what the president says, let s enact or preserve the tax cuts for 98% of americans, and come back later and negotiate about the rest. that s essentially what the president just proposed in his white house appearance. any chance of that happening? no, no chance of that happening, because it just doesn t have the votes in the house. of course the white house would think that may

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Detailed text transcripts for TV channel - FOXNEWS - 20121128:17:20:00

spending. jenna: it would be a good time for the next albert einstein to enter into the spirit. maybe that s what we need in washington. i ve been in this town 25 years, jenna and it s just so frustrating the budget just keeps growing and growing and growing, we have these discussions over and over again and it s almost impossible to get rid of programs that tonight work. that s what i m looking for. i think the republicans are willing to negotiate on taxes if the democrats and the president will get serious about these entitlement reforms. jenna: hopefully both sides are game as you mentioned. great to have you with us from chicago today. thank you very much. thank you, jenna. jon: there is an alarming new report on iran and its nuclear capabilities. what it says about how close that rogue nation could be to having its own nuke. and how powerful the bomb would be. ambassador john bolton who has worked for years to make sure this doesn t happen on what it all means, next.

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