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Detailed text transcripts for TV channel - FOXNEWS - 20111114:06:25:00

Agreement. with ten days ago until the deadline, they re running out of time. beater doocy with the news from washington. reporter: today is november 13th. november 23rd is the super committee deal for a deadline and if they don t shall the same laws at that brought together in congress will 1.2 trillion dollars in automatic cuts including 600 billion for the pentagon and in case they fail, some on the super committee are talking about changing the law, so the cuts will be easier to swallow. i m the not giving you on getting something done, but in the unfortunate event that we don t, i think it s likely that congress would reconsider the configuration of that sequestration and figure the best way to do it. president obama told the super committee co-chair not to dilute the cuts and he ll veto anything that gets rid of the the triggers and both sides have a ways to go for a compromise and how much to raise taxes and cut spending and how big the final deal ....

November 13th , Running Out Of Time , Beater Doocy , November 23rd , Super Committee , 600 Billion , 1 2 Trillion , 1 2 Trillion Dollars , President Obama , Super Committee Co Chair ,

Detailed text transcripts for TV channel - FOXNEWS - 20111114:00:25:00

Agreement. with ten days ago until the deadline, they re running out of time. beater doocy with the news from washington. reporter: today is november 13th. november 23rd is the super committee deal for a deadline and if they don t shall the same laws at that brought together in congress will 1.2 trillion dollars in automatic cuts including 600 billion for the pentagon and in case they fail, some on the super committee are talking about changing the law, so the cuts will be easier to swallow. i m the not giving you on getting something done, but in the unfortunate event that we don t, i think it s likely that congress would reconsider the configuration of that sequestration and figure the best way to do it. president obama told the super committee co-chair not to dilute the cuts and he ll veto anything that gets rid of the the triggers and both sides have a ways to go for a compromise and how much to raise taxes and cut spending and how big the final deal ....

November 13th , Running Out Of Time , Beater Doocy , November 23rd , Super Committee , 1 2 Trillion Dollars , 600 Billion , 1 2 Trillion , President Obama , Super Committee Co Chair ,

Detailed text transcripts for TV channel - FOXNEWS - 20111114:07:25:00

Pentagon, he says i ll veto any measure that ends the trigger. we re going to go ahead with those. do you agree with him? i don t think first of all i m not giving up on getting something done. i think we can and i m going to do everything i can to achieve that but in the unfortunate event we don t it s likely congress would reconsider the configuration and consider is this the best way to do it? that will be a lively debate and the nature of those cuts the cuts have to occur but maybe in a different fashion. chris: i want to bring you back to penn state, the subject in the first segment because you were a senator from pennsylvania and urged that joe paterno be given the congressional the presidential medal of freedom. you ve rescinded that support. why did you rescind the support and do you think the trustees were right to fire him? it broke my heart to have to rescind that recommendation. but chris, it seems to me there ....

I Dont Think , Chris Wallace , Fire Joe Paterno , Penn State , Medal Of Freedom ,

Detailed text transcripts for TV channel - FOXNEWS - 20111113:17:12:00

I think we still can. i m going to do everything i can to achieve that. in the very unfortunate event we don t, i think it is likely that congress would reconsider the configuration of that sequestration and consider is this the best way to do it? that would be a lively debate that will occur and the nature of those cuts which i think the cuts have to occur, in a different fashion. reporter: we heard from a handful of super committee members this morning. even think they get what a big deal their job is and think they can make a deal in the next 10 days. there still appears to be fundamental differences in how much taxes should be raised and how much spending should be cut and from where. i m a four trillion dollar guy. i believe we can do this. in fact, i think in order for us to be fair and balanced, if i might use that term, we ought to go to a big deal. that way, we could do enough ....

Super Committee Members , Dollar Guy , Way To Go ,

Detailed text transcripts for TV channel - FOXNEWS - 20111113:16:04:00

Senator pat toomey explained why this morning. i m not giving up on getting something done. i think we can and i m going to do everything i can to achieve that. in the unfortunate event that we don t, i think it is likely that congress would reconsider the configuration and consider is this best way to do it? that would be a lively debate that would occur and the nature of those cuts which i think the cuts have to occur, they might occur in a different fashion. i want to show you reporter: we heard from on the sunday shows this morning they are hopeful a deal will get done by their deadline. the things they were suggesting indicates there s a big gap between the republicans and democrats exhibit a, right here democratic congressman james clyburn. we gotta come up with a plan that cbo will score not that pat toomey would dream about. it is a dream, i believe if you do this and that it would ....

Pat Toomey , James Clyburn , Exhibit A ,