Detailed text transcripts for TV channel - FOXNEWS - 20111116:00:23:00 : vimarsana.com

Detailed text transcripts for TV channel - FOXNEWS - 20111116:00:23:00

you will remember fast and furious was supposed to track u.s. weapons to mexican drug gangs. instead, the feds lost track of thousands of those weapons. and two of them turned up at the scene where this u.s. border patrol agent brian terry was murdered last year. failure is not an option. that's what the senate's top republic is now saying about the super committee in charge of cutting the nation's deficit. by next week or lots of americans could be paying the price. this all came out of the battle of raising the nation's debt limit. remember that? the panel has until thanksgiving eve to come up with more than a trillion dollars in savings. otherwise, automatic cuts kick in to both defense and domestic programs. the idea here is both parties have an incentive to compromise since they both suffer the consequences. >> my view is that failure is not an option as senator alexander mentioned. we need an outcome. the american people need an outcome. they expect an outcome. they deserve an outcome. and i expect to get one. >> congress and government

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