Detailed text transcripts for TV channel - FOXNEWS - 20110804:22:05:00
President wanted a grand bargain, with much deeper cults, but the republican speaker john boehner walked away from it. this is also why there is going to be a lot more pressure on the leaders in both parties the white house and congress with the superer committee that will be formed to come up with much deeper cuts to really get that debt down. bret? >> bret: ed henry live on the north lawn. thank you. >> oil tumbled to a six-month low on worries about the global economy. december futures fell 6%. $5.30. 6% down. to 86.63 a barrel. gasoline continues to hover around $3.70 a gallon. right now. ...
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