Detailed text transcripts for TV channel - FOXNEWS - 2011072

Detailed text transcripts for TV channel - FOXNEWS - 20110728:14:08:00

$14 billion in federal salaries and benefits, $4 billion in tax refunds, and, a bunch of other obligations including $74 billion basically for operating most of the rest of the government. so, we're talking about potentially a government shut down. alisyn? alisyn: yeah, people will not happy if their tax refunds and other things are not paid. here's the situation when it comes to social security. the debt ceiling deadline was set for august 2nd because of the huge amount of social security checks set to go out august 3rd. and, last month alone the treasury department mailed out 56 million checks and on average, each was worth more than $1,000. i hope you have your calculator out. you can do that math. meanwhile, the fight over the debt brings us to "america's newsroom," web poll today, how concerned are you, if the u.s. government is given a downgrade? tell us what you think about this on our home page,

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