Detailed text transcripts for TV channel - FOXNEWS - 20120921:15:15:00
And then we had a massive recession. and so, when i walked into office we had a trillion dollar deficit. debt had mounted and then we had to take a bunch of emergency measures. that cost money. saving auto industry. making sure the financial system got back on track. jon: stephen hayes is senior writer for "the weekly standard" and a fox news contributor and, steve, it is my understanding that you have a little problem with the president's answers there? >> well, i sure do. it was interesting because david letterman asked what was a pretty open-ended question. he pointed out that republican ha...