Detailed text transcripts for TV channel - FOXNEWS - 20110806:23:05:00
Really for the whole nation our hearts are breaking. thank you very much. and now to the news that our nation coughed up its prize reputation athe world. standard and poor's downgraded us from triple a to double a plus. s&p warned it was coming when members was congress fought over how to deal with our nation's debt. less than a deal after reaching a deal we get downgraded. neil vavuto was told it was not only the debt problem but how washington hantedled. >> there was a number of factors. one was political grid lock in washington which makes us think that it is difficult for elected officia...