Detailed text transcripts for TV channel - FOXNEWS - 20121227:23:06:00
>> the bigger problem is getting borrowing under control. it puts the nation at risk immediately for a crit downgrade but it means higher taxes and lower standard of living for future generations. doug? >> doug: the stocks fell. the dow lost 18. s&p 500 gave back two. nasdaq down four. >> doug: president george h.w. bush is at a hospital after having a stubborn fever. >> joe biden on hand to swear in brian shot as the hawaii newest senator. he was selected to fill the vacancy.
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