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Detailed text transcripts for TV channel - FOXNEWS - 20100914:17:05:00

And chicago recently had its credit rating cut, and we re told that the outgoing mayor richard daley is not leaving a lot of options for whoever his replacement might be. join me with more is stu varney. anchor of varney & company on the fox news network. reporter: john daly is leaving office next year leaving the city in dire straits and his successor facing really tough choices. he s going to have maybe two weeks worth of operating money left, $21 million, that is a couple of weeks worth of cash when the new mayor takes office. he will be faced with the following choices. radical cuts in services delivered. big increases in taxes, or go for a bail out. the problem with a bail out is ....

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