Detailed text transcripts for TV channel - FOXNEWS - 20120802:13:46:00
Republicans in that or at least some republicans in that category. this congress can not stop itself from spending us into oblivion. and what we really need here is spending controls. and entitlement reform and tax reform to broaden the base, close those loopholes so that we get added revenue in that way. unleash the private sector but stop spending. bill: we're going over 16 trillion this month, doug. >> absolutely. i'm with bowles-simpson. i think the president made a huge mistake not endorsing that. i think it can be revived. bill: it was his panel. he convened it. they came out with with t...