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Detailed text transcripts for TV channel - FOXNEWS - 20110602:20:05:00

Congressmen with whom the treasury secretary will be meeting, south carolina republican tim scott. congressman, are you scared? absolutely not. what we are afraid of is if we do not have a spending cut if we do not have spending plans that cuts the deficit, we all ought to be concerned with what s happening in america, and we cannot restore financial sanity without spending cuts. if you look at the rest of what moody s said, they said without a deficit reduction plan this ponzi scheme comes to know end. we believe that it must come to an end now, so if the secretary does not walk in with details and specificity we find ourselves, i think, voting against this debt ceiling increase. neil: here s what i remember about robot from lost in space. he was always warning. 9 times out of 10 for nothing. even dr. smith wasn t afraid. so my point is i mean, when tim geithner keeps warning and warning, doing the robot thing, ....

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