Rating. will it spur congress to attack our debt problems? can they get it done? we ask congressman john campbell, straight ahead. kelly: the worldest richest man, why he lost billions. ouch! not one of jack s als. fiber one. h, forgot jack cereal. [ jack ] what s for breakfast? um. try the number one! [ jack ] yeah, ts is pretty good. [ male announcer ]alf a day s worth of fiber. fiber one. really? 25 grams of protein. what do we have? all four of us, together? 24. he s low fat, too, and has 5 grams of sugars. i ll believe it when i - [ both ] oooooh. what s shakin ?
Obama often ignores the base so i don t think that is an excuse. i think republicans have to come around on the revenue side. i don t think anyone is talking raising taxes by any astronomical amount, we are talking closing some loopholes. there s no reason they can t come to the middle kelly: certainly no time for finger-pointing. time to get the job done right so the american people can move on. always good to talk to you both. thanks for joining us. what a startling turn of events for today. the top of the hour, the two hour special on the brink neil cavuto will bring this down the causes and potential affects of the credit downgrade and where our nation does from here. that s from 2 to 4 p.m. eastern today only on fox news. jamie: tense moments for a plane full of passengers forced off their flight by the tsa. we ll tell you what the emergency was.
Causes and potential impact of this credit downgrade we ve been talking about. jamie: have a great day, thanks for being with us. [ male announcer ] walls can talk. but it s our job to make them say something interesting. so how about this weekend we learn some new tricks of the trade. then break out our doing clothes and get rolling. let s use some paint that helps us get the job done in record time and makes a statement when we re finished. we re lowering the cost of a new favorite color. more saving. more doing. that s the power of the home depot. take your painting skills to the next level at one of our free paint workshops.
The deficit and get more deficit reduction. i think ultimately, politically, the president gets hurt most. the buck stops with him this is a huge national embarrassment. he s the president of the united states at the time when the country is facing a potential debt crisis and he doesn t even have his own plan to reduce the deficit. he talks about some wonderful balance, four trillion dollar plan but won t write it down on paper and putting it out there and advocating for it public. kelly: kirsten, congresswoman michelle bachmann who is i republican presidential candidate, predicted this that s&p would do this, if congress and the president made a bad deal. now that has happened. she says now it is time for the president to take the lead. what does the president have to do, in your opinion, to take that lead and settle down the markets? well, first we have to see how the markets react to this. if you listened earlier,
President would want to spend more so soon after the debt ceiling debate. here s their response. we have a right to whole the president accountable on the debt limit. because he s already back to proposing more stimulus spending, higher taxes and more regulations. doubling down on the same failed policies is not the answer. reporter: congressman grimm says he thinks the common sense thing would be to reduce burdensome regulations that make it tough for small businesses to hire new people, simplify the tax code and up energy producing in the states. with kelly: thank you. jamie: the s&p downgrade and the nasty week on wall street is going to put more pressure on washington to act and will they? california congressman john campbell, thanks for joining us today. good to see you. jamie: same here.