Detailed text transcripts for TV channel - FOXNEWS - 20110601:10:49:00
The gdp and revenues are about 18% to 19% perform gdp. it's unsustainable. we have to bring that under control. so i'm hoping the president says, look, you guys gave me a two month warning. we have until august. thanks for getting that vote out of the way. i got the message. signal has been sent. >> all right, congressman, we'll give you the final word. >> well, you know, my view is this. negotiate, if our leadership can get to an agreement on a long term deficit deal, great. but don't default. and it's typical in politics to try to use whatever leverage you can get but what we're doing now is...
Source: news source