Detailed text transcripts for TV channel - FOXNEWS - 20111121:14:10:00
The impact is felt where and how. >> reporter: it's fairly extensive and almost immediate. there is the likelihood of a further downgrade in america debt. if those automatic cuts do not take effect, much more likely to sea downgrade. number two, we are going to see financial chaos in d.c. the next few weeks because this failure of the super committee with several issues on the table which must be worked out about it even of the year, unemployment benefit, the pending plan, the old one expired december 16. the amt patch. the medicare payment to doctors. all these issues have to be resolved in f...
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