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Detailed text transcripts for TV channel - FOXNEWS - 20110726:14:04:00

bill that can pass the house, and pass the senate. and, we were doing fine, until the president decided, no, no, i want all my money up front, i don t want to have to go through this a second time. and, all he wants is a blank check and i believe if we pass the bill through the house in the next day or two, i believe the united states senate can pass it and the president will get to decide whether he is going to sign it into law. jamie: speaker boehner said, too, that the house passes tuesday s plan the next couple of days and if they do, he remains confident, the senate will pass it as well. bill: one key thing he said there, brian thomas, he has not heard the word veto come from the president s mouth and if you get it through the house and the senate signs up, too, boehner thinks they have a deal. here is where we stand, speaker boehner and harry reid, presenting their own debt plans, the following way and boehner s plan, cutting $3 trillion over the next ten years, and raising

Detailed text transcripts for TV channel - FOXNEWS - 20110726:14:26:00

president, and it would be great if they had alternative plan and i haven t heard that from the senator and that would be a good sign to say he s on board with not raising taxes and giving blank checks to the president and that should be the next question put forward to senator reid. jamie: you mentioned the president saying in his speech last night americans don t want toy dysfuncti a dysfunctional government. i want you to listen to this: president barack obama: the american people may have voted for divided government but they didn t vote for a dysfunctional government. so i m asking you all to maker voice heard. if you want a balanced approach to reducing the deficit, let your member of congress know. if you believe we can solve the problem through compromise, send that message. jamie: apparently, folks are, because our senior congressional producer, congressman, says not

Detailed text transcripts for TV channel - FOXNEWS - 20110726:14:17:00

because he couldn t produce the plan and couldn t make an agreement and as the founding fathers set down, the house and senate have to get together and make a decision and that transpired over the weekend and from those talks we put together a bill and the bill that had provisions that the house and republicans were looking for, a bill that had provisions harry reid an mcconnell were looking for and this is what the american people have been asking for and this is the opportunity to move the country forward. we look forward to moving the bill up the floor of the house, onto the senate and to the president s desk and, remember what the president did not say last night. he did not say he would veto it. the president s speech last night, i believe, was historic. i do not recall the last time a president of the united states used a nationally televised address not to tell the american people what he was for, but to tell the american people what he

Detailed text transcripts for TV channel - FOXNEWS - 20110726:14:25:00

meeting went this morning. are we closer? we are certainly closer, and, i was thinking as i was sitting here watching this segment and the one you had before with regard to the justice department and the atf selling guns down to mexico when the president said, the public doesn t trust a dysfunctional government, certainly i can understand, the trust the american people has right now with all of that previous story going on plus all of the you might say dysfunction in washington at the same time as we stand here without any proposal from the white house, still with only a few days to go. jamie: speaker boehner says the proposal put forward, the republicans in the meeting and in the house and some democrats may jump aboard. he feels it would pass in the senate and he feels that the president wouldn t veto it. do you agree? well, obviously, all the things remain to be seen, we have had promises from the senate in the past and, right now, senator reid is out there with, eric pointed ou

Detailed text transcripts for TV channel - FOXNEWS - 20110726:14:05:00

the debt limit by more than $2.6 trillion, and no tax hikes, reid s plan includes more than 2. trillion, over the next decade, raising the debt limit by $2.4 trillion, and, also, no tax hikes in the senate plan, being talked about, jamie. jamie: the president called for those, though from the wealthiest americans and meanwhile, we learn one debt plan still on the table could take a big bite out of senior social security checks. remember the gang of 6? their plans saved money by changing the way the consumer price index is calculated, to keep inflation rates from rising too quickly. and, analysts say the deal would cut the deficit by 200 to $300 billion over the next decade, and, that would mean benefits, ten years from now, would be 3% lower than they are today. after 20 years, benefits would drop 6%. bill: you heard the blame game, it kicking into high gear, speaker boehner says the president is in the way. the president says house

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