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Detailed text transcripts for TV channel - FOXNEWS - 20110807:23:04:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110807:23:04:00

Sharper. president obama's former advisor and now campaign strategist, david axelrod, said s&p's move was a tea party down grade. john mccain of arizona saying it's on president obama's shoulders that he never gave a clear path during the debt ceiling debate. and chris wallace was asking the head of s&p about his been about who bears the blame, republicans or democrats? >> in this country both congress and the administration are jointly responsible for the congress of fiscal policy. so this is really not about either political party, it's about the difficulty of all sides in finding, you know,...

Detailed text transcripts for TV channel - FOXNEWS - 20110809:07:06:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110809:07:06:00

Guess thrg was a consensus. -- there was a consensus. >> the fact of the matter is there was a tea party down grade. >> i believe there was without question the tea party down grade jie. a lot has to do cth the failure of the gress ultimately owns the credit rating of the united states. they have the power of the person in the constitution. >> that settles that. not really. i'm really confused. you are the business -- >> person. >> -- person. thank you for finishing my sentence. >> star with the jargon already. >> why do you think it happened? whose fault was this? >> i think it happened becau...