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Detailed text transcripts for TV channel - FOXNEWS - 20110722:22:11:00

Now seen how difficult it is to get any kind of deal done. the economy is already weakened. and the notion that five or six or eight months from now we will be in a better position to try to solve this problem makes no sense. in addition, if we can t come up with a serious plan for actual deficit and debt reduction, and all we re doing is extenting the debt ceiling for another six, seven, eight months, then the probability of downgrading, the u.s. credit are increased. that will be an additional clout for the economy. and make it more difficult for us and more difficult for businesses to create jobs that the american people so desperately need. so they will come down here at 11:00 tomorrow. i expect them to have an answer in terms of how they intend to get this thing done ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110722:22:45:00

That suggests that when he was making the arguments that the democrats were willing to do the difficult things and the republicans are the ones that backed, not as it a balked, not as it was on the surface. this is quint essential president obama blame-shifting. the house republicans weren t willing to do anything, after republicans did nothing but for six months present a plan after plan, ryan budget or cut, cap and balance. one thing after another. the republicans offered plan after plan after plan. democrats haven t offered a budget in the senate. the president hasn t been specific on entitlement reform. this is the most pressing issue in the country according to him. he is still offering zero specifics on his plan. i think we may have had an interesting moment in the press conference that came when the president said in response to a question from noro o donnell, that he was commited to showing what had actually happened behind the scenes, committed to showing the paperwork, comm ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110722:22:15:00

Or corporations that make record profits, if that is their only answer then it will be difficult for us to figure out where to go. because that is what the american people are looking for. some compromise. some willingness to put the partisanship aside. some willingness to ignore talk radio, or ignore activists in our res speculative bases. and do the right thing. to their credit, nancy pelosi, harry reid, the democratic leadership, they sure did not like the plan that we were proposing today. but they were at least willing to engage in the conversation because they understood how important it was for us to solve the problem. so far i not seen capacity of the house republicans in particular to make the tough ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110722:22:55:00

Show themselves up for extension for half a year, then we end up on the mcconnell plan and i m sure that everybody will agree upon it in the end. the president said explicitly he ll accept it. a way out, parachute and deferring everything until after election day and democratic in a sense. it pus the issue to the country, which way do you want to go? chris: we have to take another break and we re waiting for house speaker john boehner to come forward and give his response to the president pointed remarks today. back in a moment. [ male announcer ] this.is the network ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110722:22:02:00

Of the hold-up apparently is the gang of six, the six bipartisan, three republican, three democratic senators came out with their report this week which had revenue about $1 trillion in revenue that would be added. this was different from the plan that was being negotiated between the president and speaker boehner. and that caused a whole new set of disagreement, and that let speaker boehner in the last half hour to announce that he is breaking off the talks. reporter: there were different measures how much each plan would save. in fact, democrats and republicans differed about each other figures. with time running out, i would imagine that speaker boehner decided to take his chances with senate republicans and democrats. he said that there is some agreement across the party lines within the senate. it may be, however, that the only thing that can pass that body is the proposal by the ....

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