Detailed text transcripts for TV channel - FOXNEWS - 20110801:21:01:00
♪ ♪ >> eric: all right. the d.c. debt deal dominating the news. and rightly so. the country is or was on the verge. here is the deal. $2.1 trillion in cults. with the ceiling rise of $2.1 trillion in tramples. maybe twoin -- tranches. based on a panel, super panel if you will, with triggers. the good news is the spending cut by $2.1 trillion. the bad news, we're still overspending by $2.1 trillion. the good news is no news taxes in the deal. bad news is the democrats are still trying to see taxes in the deal. bottom line, tea party, game-changers. thank you, tea party. take the win and liv...