Detailed text transcripts for TV channel - FOXNEWS - 2011081

Detailed text transcripts for TV channel - FOXNEWS - 20110810:22:27:00

about where he thinks, you know, the committee could come together in a balanced way, to significantly reduce the deficit. it will be designed to draw bipartisan support because the purpose here is not to say this is what we would do if we controlled everything. or we could simply mandate an outcome. it shouldn't be the approach that republicans take either. >> bret: white house president secretary today at the white house, as the dow, you see, took a major dive. 519 points today in the dow. s&p lost 51. the nasdaq lost 101. this is as new approval ratings are out. fox news poll for the president now stands at 42%. according to the job performance question in the newest fox news poll. we'll start there. then talk about the super committee and what it could do. let's bring in the panel. steve hayes, senior writer for

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