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Detailed text transcripts for TV channel - FOXNEWS - 20111114:14:08:00

National debt. the panel has until november 23rd to come up with a deal to address this country s almost $15 trillion of red ink. if the panel can not reach the deal alltic across-the-board cuts were supposed to kick in. now congress is talking about changing its own rules. stuart varney, host of varney & company on the fox business network. stu, what are these lawmakers thinking of doing? two things. number one if there is an agreement to raise tax revenue within the super-committee the details on how to do it would not be announced until next year. that would take a very contentious off the table issue off the table now but leave it into and push it into election year. item two, if there is no super-committee deal at all, they can not agree to cut 1.2 trillion over 10 years, then these automatic cuts are supposed to kick in. we have republican ....

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