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Detailed text transcripts for TV channel - FOXNEWS - 20120507:23:16:00

Then there is this matter of greece. accepted these austerity matters. it effects the whole world and looks like there are changes there the greeks were promised a huge bailout by the europes with germany by the europeans with germany again in the lead in that instance. and now but that had to be put forward by the political parties in greece. now the parties that agreed to those cuts, those deep deep cuts have been voted out of office by the greek people who, according to harvard economist richard parker are sending a very similar message to the voters in france. listen. what this is is not so much a pitch fork populism as it is a broad middle class going wait a minute, we did not sign on for this economic meltdown that came roaring out of wall street. and hit europe like a tsunami. and we have paid enough for it. now, not even great economists like richard parker will even try to predict what is going to happen next in

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Transcripts For CNNW CNN Newsroom 20110801

9:00 am on the east coast, 6:00 am out west. marathon talks lead to a new debt deal. at least in theory. the president backs it. so do leaders of both parties. still, no reason to celebrate just yet. in syria, a violent crackdown on anti-government protests. more than 7 0 people killed and counting. and new this morning, a big change to health coverage. the federal government will require insurers who provide birth control without co-payments. now, in just a few hours, we could see the beginning of the end of the debt crisis. it s been the issue in washington for weeks. and you re probably tired of the finger pointing and doomsday predictions. today, that could all come to an end if the house and senate approve a compromised plan. the deal identifies about $1 trillion in spending cuts over ten years and raises the debt ceiling by about the same amount. bipartisan committee must find ways to trim another trillion a, a so-called deficit posse. the president and house spea

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