Detailed text transcripts for TV channel - FOXNEWS - 20100812:08:17:00
Thank you. the u.s. trade deficit surged in june by 18.8 points. reaching the highest level since october of 2008. applications for home loans were up .6 of a percentage point despite lowest interest rate in decades. stock lost 2% today. the dow dropped 65 1/2 and is now under water for the year. s&p 500 fell 31 1/2 and the nasdaq lost 68 1/2. social security will pay out more than it takes in this year. people are scrambling for solutions. chief washington correspondent jim angle looks at the cause and effect. >> good news and bad news and one in the same. the good news is americans are livin...
Source: news source