Detailed text transcripts for TV channel - FOXNEWS - 20110809:03:07:00
U.s. credit would be downgraded. only standard and poor's downgraded and they should not have. it really doesn't matter. every fair minded person knows the country is in a mess financially. at times like these, the president must take charge, must address the problem directly. we need to immediately return to the spend rate of 2008 just three years ago. that would save as much as $920 billion right now. we do need more revenue which can be achieved by a flat tax, plugging loopholes like allowing american corporations to stash trillions of dollars overseas. and we need to institute a small, a s...
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