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Detailed text transcripts for TV channel - FOXNEWS - 20110801:14:54:00

Produced a budget that was cut, cap and balance, a reference to the original proposals, now modified and not one that opens the door to higher taxes and puts defense cuts on the table and while he appreciates the extraordinarily difficult situation the president s lack of leadership placed the members of congress in, he cannot support the deal and that is a big change where he tried to avoid getting pinned down as the offers kept changing and puts him in line, with michelle bachmann, the stalwart opponent as the chairperson of the house tea party caucus, she has said from the beginning she would not be able to support an increase in the debt limit and didn t want to bror me and when the president announced it last night she said the deal spends too much and doesn t cut enough, and, somebody has to say no and, therefore, she will. and, rounding out the spectrum of the 2012 republicans who got jon huntsman, pushing for any kind of a deal to avoid a default for weeks and went tor a two-fe ....

President Obama , Defense Cuts , Hope To Debt Deal , Michelle Bachmann , Didn T , Last Night , Debt Limit , House Tea Party Caucus , House Republicans , Introducing Amp , Doesnt Cut Enough , Jon Huntsman ,

Detailed text transcripts for TV channel - MSNBC - 20110728:09:22:00

Steady light rain in eastern iowa will spread to the lower great lakes today. if you re in the lower great lakes, plan on a very wet morning. now, as far as new york, hartford, boston goes, you may start off sunny but clouds increase during the day. more heavy rain coming over the top from cleveland. showers north of pittsburgh. a lot of these clouds move over philadelphia, too. that will help keep temperatures down today. lower than what we expected. so forecast highs today, we ll probably see mostly in the 80s throughout this region. you ll easily jump into the 90s, d.c. at 93. the other story, tropical storm don expected to hit texas saturday. bill, thank you for that. joe pesci gained weight and he s suing because of it. plus battered and bruised, the show must go on for alex trebek. you re watching first look on msnbc. lorie sweeteners. ....

Upstate New York , Heavy Rain , Light Rain In Eastern Iowa , Great Lakes , Keep Temperatures , Doesnt Cut Enough , South Texas , Tropical Storm Don , In Washington , First Look , Alex Trebek , Joe Pesci , The Show Must Go On , Lorie Sweeteners ,

Detailed text transcripts for TV channel - MSNBC - 20110728:09:06:00

Spills. the maiden voyage of an unmanned blimp took a nosedive in western pennsylvania. a technical glitch caused the expensive air ship to go awry, crashing in a wooded area two hours after takeoff. fortunately it was filled with nonflammable helium and no one was hurt. and finally competitors in wisconsin looking for wiggle room on the way to the winner s circle. over 60 teams of kids hoped to pick a winner at the great worm race. the event has been around for over 20 years. the only competition where worming your way to victory is the only way to win. now for a look at the national weather, we turn to nbc meteorologist bill karins with the weather channel forecast. good morning, bill. worms, creepy or not creepy? creepy. i m sure this was the only time some mothers allowed these children to get down and dirty ....

Louis Area , Maiden Voyage , Air Ship , Western Pennsylvania , Unmanned Blimp , Great Worm Race , Doesnt Cut Enough , Bill Karins , Weather Channel ,

Detailed text transcripts for TV channel - MSNBC - 20110728:09:09:00

Not going to be a widespread, it s not going to hit a large area. it s only going to have a small impact. and ed why, talk about they would just like the clouds from this storm. with 101 in san antonio, 104 in dallas, 100-degree heat all the way up to kansas city. we now have a heat warning still in effect from kansas city to the st. louis area, but now advisories from memphis all through much of kentucky, indianapolis is under a heat advisory, too, and even areas around raleigh. so that s where the hot air is. the other story is a lot of heavy rain through the great lakes last night, and that will continue during the day today. we ll take an updated look for the forecast coming up later in the show. back to you. bill, thank you. stocks tank, oil tumbles, and pristine italian sports cars discovered in texas. your first look at the business headlines is straight ahead. coming up, a no-hitter, a big trade, and a wedding. you re watching first look on msnbc. ....

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Detailed text transcripts for TV channel - MSNBC - 20110728:09:02:00

Unsustainable. reporter: house republicans say they d like to cut more, but democrats won t budge. we d love to just go for it, but you have need a partner to dance with in the senate and we don t have one. it will not pass. every democratic senator will vote against it. reporter: democrats argue the boehner bill doesn t cut enough, so our credit rating could suffer and interest rates may go up anyway. that s $100 billion out of the pocket of the american taxpayer so that s an enormous flaw in the boehner plan. reporter: the white house is trying to keep focused on the deadline. you are running on fumes. reporter: democrats have an alternative but it hasn t even hit the floor for a vote yet. tracie potts for us in washington. thank you. one of the many ways of tackling the debt problem could be through entitlement reform, so should that approach be altogether the top of the list? a former member of president obama s debt commission weighed in last night on the last ....

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