Detailed text transcripts for TV channel - FOXNEWS - 20110801:00:46:00 : vimarsana.com

Detailed text transcripts for TV channel - FOXNEWS - 20110801:00:46:00

the members, both in the senate and in the house before the deadline that the treasury department says that the u.s. will default on tuesday. just in the past few seconds, speaker boehner's office has sent out a power point presentation to lawmakers, i'm just going through it right now, it's very extensive, about all of the details of this proposal. and in an efforts to try to sell his caucus on this proposal to get the votes needed to get it through. the president, obviously, doing a sales job right now. governor huckabee, your reaction to president obama's statement? >> welcome, i think it was short and sweet and it's sort of encapsulated all the things that we've been hearing today, not only about the bipartisan committee, but about the trigger, and the fact that this was in reality, a short-term effect. but bret one question that you or perhaps ed or someone that's been monitoring this today could answer. this bipartisan committee, who appoints it? who is likely to be on it?

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