Detailed text transcripts for TV channel - FOXNEWS - 20110727:20:01:00
Frankly, in the midst of the debt ceiling hysteria, i step back and say, this is long overdue perspective. i have heard so many distortions and lies, so little time. so, six days from supposedly doomsday, i will be the first to say, no doomsday. why not calm down and be clear. we will not default in the debt ceiling is not raised by next week. we will default if we miss payments to bondholders in ex-week or any week. that never changed. be clear point two: republicans are not the ones who risk not paying the bondholders in that event. only the president has the power to pay or not pay the bond...
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