Detailed text transcripts for TV channel - FOXNEWS - 20100515:08:34:00
Rate over 12%, there simply isn't enough revenue to pay the bills. even schwarzenegger's ma massive cuts can only gain so much ground against this level of debt. in los angeles, anita vogel, fox news. >> shannon: the news for the national economy is better. retail sales up .4 of percentage point in april, seventh straight monthly rise. industrial production rose .8 of a point. both figures were larger than expected. wall street, though, didn't play along. the dow lost 162 3/4. the s&p 500 gave back 21 3/4. nasdaq dropped 47 1/2. the space shuttle atlantis has begun its final journey. atlanti...