Detailed text transcripts for TV channel - FOXNEWS - 20110725:15:04:00
Long-term fiscal outlook. >> reporter: senate majority leader harry reid who as you pointed out says the boehner plan is a none starter has a proposal of his own, to cut the deficits by counting savings by ending the what ares in iraq and afghanistan. republicans say the markets might not buy that but the same accounting tool was used in the republican budget that passed the house. jon: interesting to that the secretary of state commenting on tkphes particular spending matter. thank you. jenna: the lack of debt deal seems to be one of the factors in the stock market as wendell was talking abou...