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Detailed text transcripts for TV channel - FOXNEWS - 20120909:16:54:00

reporter: you have austin golesbee on for that. seems to me, both sides are not credible. the president talks about trillions of doctor dollars in spending cuts, but he takes $848 billion from the wars that we weren t going to fight and it was borrowed, so it is not like a sum of money that we are able to keep. he also counts the trillion dollars this they made in the debt agreement in august as part of raising the debt ceiling, that s part of the budget cuts. and romney talks about very big cuts, $500 billion by twrent 16, balancing the budget by 2020, but he s very vague about the details. so i think both of them to the degree that people want to see something more concrete, both of them have some work to do. shannon: a new face on the republican scene getting a lot of attention. mia love. if you didn t watch the convention and i think a lot of ....

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