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Detailed text transcripts for TV channel - FOXNEWS - 20110724:22:35:00

I don t want to see default. i don t want i don t thinki we want to get anywhere close to to it.here are you close to it now. we are bad for our economy we and bad for our country. b and so i am trying to find a common ground that is doableound in the time we have remaining. and let me just ask you and it is the last question, how qut disappointed are you?apd ar according to your plan as weacc understand now, and it mayderstw change, a trillion dollars in spending cuts in thepend short-term? short-ter how disappointed are you that after months otef talking after this urgent deadline that it i seems now that maybe the mostst that washington can come up c with when you are spending $46 x trillion over the next decade is $1 trillion in spending?endig after over six months the conversations with the president about doing the big te deal, about taking a big step st in the right direction. it is pretty clear to me that they are just not willing tong do it. that the next election ma ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110724:22:54:00

Brought it up, brought it up and insisted it on it. makes me believe if the administration backs down from the final 400 and says stick with the 800 that boehner might come back to the table. this question of whether or not a short-term patch, even if it s six long months, really still keeps default alive and that against to show up in the market, is really a problem for republicans. they read the polling that came out last week that americans are increasingly afraid of default and those are rising 70% against raising the debt ceiling and now a plurality for raising the debt ceiling. and the republicans also don t want to get this past the election? i think republicans also want to get is past the election and freshman said i don t want to take one of these votes, don t want to take three of them. chris: and bill, back to the grand bargain, as i pointed out to boehner, a lot of republicans say no tax increases, that has to do with baselines and all kinds of stuff and here you h ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110724:22:02:00

That would cut over a trilliont dollars in spending and raiset the debt ceiling into next year. and then there would be a mechanism for more cuts that if approved the debt ceiling would be raised past the 2012 21 election. will the president sign that into law? me pr chris, let me tell you what we are trying to do. rs first and most important we need to lift this shred of default from the economy for the next 18 months. we have to take that threatctio. off the table through the election?t t try through the election. mak but we want to make sure we can come together 1k3 lock in s some long-term savings to getous our fiscal house in order. we need to do both those things so congress can get t the back and make the economytronged stronger and get moreamericans b americans back to work. so for lack of a better o word we will call it the boehner plan, would theett. president veto that? let me step back.k there are two types of planseco. on the table now. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110724:22:03:00

One is the framework that theths president and the speaker of the house have talked about. i thought thast was dead. no, they are talking still.cn both the president and thend the speaker believe that the best thing we can do is put togethe together a very substantial contribution to get getting our fiscal house together. house vow sayin -g it is stillhe alive? bargain i i wouldn t say it that way,st i would just say there are two approaches before us.hat there are the comprehensive balance, entitlement savings for the future with tax reform that would generate revenues and help us solve this problem. abou there is also talk about aor plan with senator mcconnelloth and senator reid put forward. in they would take default off come the table and put in place ary special committee with special powers and move legislation to m achieve that same outcome. are you can solve this in two off te ways. table. the two key things are we will take the fault off the table through the election ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110724:22:35:00

Political sniping. i am interested in a solution to the problem that we face. i don t want to see default. i don t want i don t thinki we want to get anywhere close to to it.here are you close to it now. we are bad for our economy we and bad for our country. b and so i am trying to find a common ground that is doableound in the time we have remaining. and let me just ask you and it is the last question, how qut disappointed are you?apd ar according to your plan as weacc understand now, and it mayderstw change, a trillion dollars in spending cuts in thepend short-term? short-ter how disappointed are you that after months otef talking after this urgent deadline that it i seems now that maybe the mostst that washington can come up c with when you are spending $46 x trillion over the next decade is $1 trillion in spending?endig after over six months the conversations with the president about doing the big te deal, about taking a big step st in the right direction. it is pretty cl ....

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