Detailed text transcripts for TV channel - FOXNEWS - 20110726:15:04:00
Country's credit rating, and that would hike credit interest rates on everyone. jon: the overwhelming number of calls coming into senate offices are urging members to oppose the president's call for tax increases, so we'll see. wendall goler, thank you. jenna: for more on this developing story, we're joined by a congressman who says both sides are responsible for the mess we're in. congressman bill pascal of new jersey, house of ways and means and wasn't committees, i should say, separate committees. congressman, nice to have you with us. >> jenna, how are you today? jenna: well, we're certain...