boo! we are spending $1 billion an hour virtually. that is insignificant and not meaningful reform. shepard: if congress does not raise the debt ceiling which it has done 77 times in my life, the government will not be able to pay its bills. president obama has said that could affect social security checks, it could affect payments to veterans and the disables and affect student loans. experts say the nation would likely lose the first-class credit rating which it could anyway because we have sent the message to the world that maybe what we said in the 14th amendment, the first time we put income tax in place, to pay for a war, called the civil war, that we put that in the 14th amendment we have never come to this edge. but her we are. because they are playing politics. it is that simple. we have team fox coverage.
Detailed text transcripts for TV channel - FOXNEWS - 20110727:22:00:00
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Detailed text transcripts for TV channel - FOXNEWS - 20110621:22:00:00
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are now coming out. radar online says one nevada woman has claimed or claimed to have received 200 explicit sexual communications from him as well as having 30 minutes of phone sex. as for a potential ethics committee investigation, i asked the congressman if he would cooperate with that and he said yes. trace? trace: senior correspondent eric shawn live for us in new york. thank you. putting aside all the personal embarrassment, there is also the very real question of whether congressman weiner broke any ethics rules. team fox coverage continues with doug mckelway is live for us in washington. i mentioned house democratic leader nancy pelosi is calling for ethics investigation. indeed, she has called for that. and she called for it literally moments after that press conference ended. and now with that done, the wheels have been set into motion. weiner spoke directly into the press conference this afternoon to the question of whether he broke any rules or laws. here he is.
are closely monitoring every rise of the river. so far the spillway system is working exactly right, and tonight we have team fox coverage from all of these locations and other spots across the south. the fortunes of so many people in southern louisiana hinge on the morganza spillway north of baton rouge. as you know, federal engineers have opened it in an effort to divert the floodwaters into louisiana s b bayou into the guf of mexico. thousands of people call that bayou home, and it s flowing at a rate greater than the amount that flows over niagara falls, but the brunt of the floodwaters yet to arrive, and that has folks in the flood zone very nervous. we went through this before. we knew once they started opening it up we would be in