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Detailed text transcripts for TV channel - FOXNEWS - 20130304:16:26:00

Business. as you and i are speaking, vice president biden is speaking to the aim aipac convention you spoke to. he said, make no mistake, we will not allow iran to get a nuclear weapon. how could he be so sure? talk is cheap and secretary hagel, recently con as secretary of defense you recall during the confirmation hearing had a little problem saying what the policy of the u.s. government was. finally the third try said our policy was not to try to contain a nuclear weapon but to prevent them. i think all of this ambiguity receipts perhaps, emboldens our perhaps if they keep pushing the line they can get away with it, and that is very dangerous for us and our allies. jon: all of this touches on the sequester battle. there was a nuclear aircraft carrier that the administration now says it doesn t have the money to send to that part of the world. let s take a look at a graphic of the sequester spending, the red line ....

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Detailed text transcripts for TV channel - FOXNEWS - 20130304:16:55:00

Bush lived in the home with his girlfriend and young daughter hanna and two other people. the home had been in the family for generations. the focus is demolishing what remains of that house and salvaging some sentimental items, an american flag, a teddy bear, some photos and the family bible. as firms try to clear the debris of this home, jon, they also have to decide what will happen to the homes on either side of it. experts say the homes are compromised. it is not clear whether they can be stablized or whether they too will be destroyed. jon: what a strange story. it opened up right underneath the house. reporter: they say it is rare. never happens under a house like that. jon: wow, patti ann browne in the newsroom. thanks. jenna: growing safety concerns in the city with the highest murder rate in the nation. chicago would like to see stricter gun laws when it comes to illegal possession but with the state government deeply in debt, prisons bursting at the seems and a lack of sup ....

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Detailed text transcripts for TV channel - FOXNEWS - 20130304:17:05:00

And the net increase is more than the sequester cut, and i can do this with a lot of boards and chalkboard better than i can talking about it, but if you have an increase in the money, minus the 85 billion tkpwhrar dollars that was supposedly cut from the across the board sequester there will be a lot of republicans, especially in the house who are very upset. jon: thinking about it, i mean the sequester numbers $85 billion that is less than one tenth of the stimulus program passed four years ago earlier in the president s term. it s about 2.2.3% of the budget, and in the big picture not a huge number. and when you even look at the continuing resolution it s not a huge number, what they are talking about for fund being the government for the rest of the year. jon: i know you have the afternoon ....

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Detailed text transcripts for TV channel - FOXNEWS - 20130304:16:17:00

President obama s credibility saying in part, the president is in the awkward place of rooting for it to be felt as he and his administration predicted. at stake is the president s credibility. in the latest round of the seemingly endless budget wars which seem poised to dominate his second term. let s talk about it now with bob cusack, managing editor for the hill. do you see it that same way, bob? this president does not seem inclined to compromise with congress it comes to their desire for spending cuts? that s right, jon. very different from the first term, democrats on capitol hill were furious with president obama and negotiating skills on one deal. speaker boehner credit he got 98% of the what he wanted. obama is taking a tougher line but he does have a tough argument on the sequester. basically he is making the case this is slow-moving catastrophe. that is hard sell. we haven t seen any signs of it yet. a lot of furloughs won t go into effect until april. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20130304:16:13:00

Jon: for weeks we ve been hearing about the potential fallout from $85 billion in spending cuts including furloughs and layoffs, even longer lines at airports. what about the political risks though to president obama? coming up we ll talk about why this bitter sequester fight could make or make the president s second term. plus new warnings of a massive cyberattack in the works targeting many of our banks, all at once. what you can do to protect your money i m a conservative investor. ....

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