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Detailed text transcripts for TV channel - FOXNEWS - 20110730:00:51:00

boehner bill it s a big waste of time. dead in the senate. never be signed by the president. true ofly an exercise in getting john boehner trying to keep his job. that s what it this saul about. laura: job boehner to keep his job. i think what we saw was an actually plan. not one plan but two plans arrived at the senate and the senate rejected it but that s the process, is it the not,alan. no way a balanced budget amendment is going to pass. he should have been negotiating with the president and democrats. he was going in the wrong direction. no wave it s going to pass. not going to be balanced budget amendment. they are wasting our time while rome is burning. laura: actually yelling me does not make your point any better. sorry, i didn t hear you. laura: i do think when you look at the polls most people think we should have a balanced budget. not a balanced budget amendment. laura: they don t think it is an unreasonable thing to discuss this and have it front and center.

Detailed text transcripts for TV channel - FOXNEWS - 20110730:00:41:00

terrorism. tea party guys are like strapped with dynamite standing in the middle of times square at rain shower and saying you do rush hour, you do it my way or we will blow up the whole country. any faction of american that would put a gun to the head of 310 million people that say don t do it our way we will blow your dreams away and blow a hole in the economy. we refuse to bough down to bully tactics. laura: joining us from new york is cathy contributing editor to the the washington post magazine and david webb a tea party activist. so, i m trying to keep this straight. domestic terrorists and tom freidman of the new york times writes if the g.o.p. did not stand up to this hezbollah faction in their midst it would basically be a suicide mission and nic kristof called them domestic terrorists. i thought after gab guy gabby

Detailed text transcripts for TV channel - FOXNEWS - 20110730:00:10:00

within his own caucus down the road is yet to be seen. he is a player though at the table. and by this vote passing the house tonight, by 218 to 210, his chip is now in the game. you re right, senator mcconnell and senator reid have been driving this. but there are other senators who are intimately involved. the gang of six has played a role. three democrats, three republicans. there are a lot of meetings happening behind closed doors. as far as we know, the president has not been intimately involved in a lot of this. he may have wanted to in the last day or so. but it s been essentially driven on capitol hill. laura: ed, back at the white house, the president gives a speech today, appears to talk about cafe standards, fuel efficiency standards, wanting to raise them by what is it o2050? 20 it 5. double them by 2025. it s a big deal. laura: it s a big deal. it seems a bit odd given the severity of what s happening to

Detailed text transcripts for TV channel - FOXNEWS - 20110730:00:30:00

they are going to try to honor their constituents back home. laura: your duty is also to the united states of america, right. it actually is. laura: that s the most important duty. if our nation is imperiled by ongoing drama at some point you do have to give. james, i want to get you in on this compromise has become, you know, a dirty word for a lot of people. i understand why because usually it s conservatives, from my perspective, who, you know, get shafted in a compromise. they are very scepght particular call of it yet, we are at the point where that is what is going to have to happen. i think it s a hard pill for a lot of these tea party folks to swallow. i do understand that. after the boehner bill passed, there were actually house republican freshman sending out press releases boasting of having successfully pressured the leadership. that wouldn t have happened in an earlier era. laura: fascinating. we will go back to bret baier who is telling us what is happening on t

Detailed text transcripts for TV channel - FOXNEWS - 20110730:00:26:00

he waited until boehner took his best shots, how many of them there were, and now is he going to try to counter punch. he waited very long to do. this he will could have had his own plan, his own bill in the senate any point along the way here. he took a few shots, now is he going to try to take his best shot. laura: is ed henry with us at the white house? yes. laura: are the white house watching this? are we going to get any file photos of the family watching this vote? i mean, is it that dramatic there or are they off doing something else? not that dramatic. they are keeping an eye on it but they are not watching minute by minute per se because they realize that this is just the prelude to the real battle that s going to happen this weekend. they are essentially the boehner bill will now be used by senate majority leader harry reid as the underlying vehicle legislatively to make dramatic differences between the reid and boehner bill. to use james analogy and

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