Detailed text transcripts for TV channel - FOXNEWS - 20120715:17:20:00
For those building for the military, correct? >> that's right. angle's ship building in my home state of mississippi, for example. we can't possibly layoff ship builders and tell them to come back in two or three years and retrain. we have to keep that industry base. it is very, very important. layoff notices are going out as we speak. >> democrats are pointing at republicans saying this is all your fault. the majority of republicans signed on to the budget control act. and now they are immovable on this idea of raising revenues. you can't get a budget deal. representative adam smith was on ju...