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'07 but we need to get below the yellow line that you see added here to really be in a healthy economy that is continuing to add jobs. we have really yet to get down to that job growth-producing level. stuart varney has been looking over all of this since it came out this morning. he joins me from the fox business network. stuart, what is your take on this today? >> first of all look at the new jobs created, 236,000, that is solid number. the private sector is picking up. this is an improvement. now look at the unemployment rate, down to 7.7%. it came down largely because 130,000 people droppe...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

And republican senators said in that room 49 of them. listen to the outline of group of six proposal and came out with a positive feeling is one. >> one potential problem durbin says there is not enough time to get it done by august 2nd. shep? >> shepard: positive feeling but no real specifics in that what's the feeling about warehouse republicans are going to go for this as they get ready to vote on their own plan. >> that's one of the big questions as the house considers as we speak cut, cap, and balance right now. they're considering it as of this moment. we're watching the vote right now. ...