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Detailed text transcripts for TV channel - FOXNEWS - 20110716:03:07:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110716:03:07:00

This problem. >> the average american wants to see 75% addressed through cuts and 25% through taxes. it is 80% cuts and 20% tax increases proposed. he has offered a reasonable plan. he is not the one being unreasonable right now and this is not politics as usual. politics as usual is long compromise but because folks signed on to grover norquist no new taxes. >> it's grover? >> it's their problem for boxing themselves in when we need an important tool to get out of economic recovery. >> and tool, we can do simple math on the show. the tool is to what bridge the deficit gap? >> it's both cuttin...