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Detailed text transcripts for TV channel - FOXNEWS - 20110715:11:56:00

Different media and visiting wounded soldiers and different organizations and then my intent is to get back to work and continue helping with wounded soldiers and possibly another rotation if i could talk my boss into it. well, you ve done enough. i hope you re not successful in doing that but i look forward to talking to you on the radio in a little while. sergeant first class leroy petry, just got awarded the medal of honor. it s an honor to be here with you and your entire family. thank you for having us here. [applause] 4 minutes before the top of the hourme. we move straight ahead. would you let casey anthony babysit your kids? that question creating a lot of controversy this morning. geraldo here at the top of the hour. what would he do to solve our debt crisis? herman cain has a plan and it s a whole lot different than president obama s. he ll be here live. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110715:11:02:00

Weeks with regard to the debt ceiling talks. 11:00 a.m., you can catch it here on fox. is there more attention now to that plan b plan, the mitch mcconnell plan, the republican senator who unveiled this plan a couple of days ago, much to the chagrin of some republicans who said you re undercutting john boehner s discussions with the president but here are the details of the plan. here s some of them. spending cuts are going to be linked. so they got to have over $2 trillion cut and give the president exactly what he wants. more room to spend but the president has to agree to cut and he s got to cut programs on his own discretion. when he makes those cuts, then he s going to have send them down to the house and to the senate to get them approved at which time he can always veto his own cuts. or the house could say what are you talking about? we re not cutting defense by 40% if the president proposes that. this could be a carnival that s postponed but because of that, gretchen, because ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110715:11:04:00

Promise and that right there makes people say to themselves like tim scott, this is not a plan. like colonel alan west, this dog doesn t hunt. tom rooney in florida, no way. and the problem is in the house the republicans don t have enough votes to pass anything. karl rove was on the channel last night and he said the g.o.p. is ready to go on the offense, maybe another plan? i m reading the tea leaves. i think they re trying to find a way to get on the offense. best way to get on the offense is say ok, great, today, carney goes out, president s spokesman, we have $1.5 to $1.7 trillion in cuts that we ve all agreed to. all right? take a bunch of them. bundle them together. put a debt increase that s less than that and send it to the senate. let s assume that call their bluff. so there will be something else? who knows? there s the added pressure of this. we told you about how moody s was threatening we re now under review with moody s. now the s&p, standard & poor s says ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110715:10:15:00

To president obama because he s the one who s got to come up with the spending cuts and agree to them. otherwise, we re downgraded and president obama becomes the first sitting president to preside over a downgrade since 1917. this is pressure on obama as of this morning, even more so. talking about pressure, pressure on the minnesota governor right now. the new governor there, mark dayton, they ve been having a shutdown because he did not want to go along with the republican plan of cutting spending without raising taxes. what s the latest? it s not over. they did reach an agreement after several hours of talks yesterday. there will be no tax increase on the rich in minnesota. 7,700 people who make over a million dollars a year, they will not have an extra tax hit but to get everybody back, the republicans have to agree by certain terms laid by democratic governor mark dayton. specifically no mass layoffs of 15% of the work force and $500 ....

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