Detailed text transcripts for TV channel - FOXNEWS - 20110714:03:06:00
Conditional increase in the debt limit, saying if the treasury secretary says he needs this money to avert default and he has got no other way to do it, we're going to let him increase the debt limit only to stop america from defaulting on its credit. the minute the republicans do that, obama no lever to hold over their heads. >> bill: i would be -- now i'm going back, i'm more of a tea party guy than you. i would do that but i would say in return you have to put in writing you are going to cut a certain amount out of the budget to even give you that you have got to do that now, here is the re...