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Detailed text transcripts for TV channel - FOXNEWS - 20110731:14:05:00

Based on what you know about what senator mcconnell said an hour ago, is it the foundation or a framework that can move forward? i think so. i think we are tracking and working to get something close to the boehner bill that came over from the house. and, we have been working very hard on that. i talked to a lot of house members yesterday, and i think we are very close. a trigger. what is being talked about. a trigger is a mechanism congress would establish for additional cuts that would be tied to an increase in the debt ceiling, again. in your view is that a good idea? i think it will work and wield have a passage that is $3 trillion in savings and we need to. i mean, we need to get this fiscal house in order. and the way it will work is in two pieces or two tranches and the second tranch of roughly $1.8 trillion in savings that we need to get, we have got to know that those savings are going to be there, for any increase in ....

Reid Debt Bill , White House , Mitch Mcconnell , House Members Yesterday , Debt Ceiling , 3 Trillion , 1 8 Trillion , 8 Trillion ,

Detailed text transcripts for TV channel - FOXNEWS - 20110731:11:02:00

Vote on it at one o clock in the morning and 11th hour, literally, now what? let s put that up 12 mours, which is good and the theory is maybe they re getting ground with a boehner, mcconnell and joe biden, white house deal that happened to look a little like this. somewhere, take a listen, somewhere between 2.1, to 2.4, as high as 2.8 trillion dollars in debt ceiling raises, as long as spending cuts of roughly the same amount over ten years, dollar for dollar. we need to point something out. this is two tranches of the debt ceiling raises, the first one a trillion dollars and nokes between 1.2 and, but the spending cuts are not going to happen immediately. you may get it s spread out. 90 billion dollars in the first year, maybe 100 billion dollars, but a lot of it s backloaded so spending cuts are down the road, but the debt ceiling rises and that s what some, a lot of the more conservative republicans are worried about, that maybe down the road, we don t agree to ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110717:11:15:00

Basically makes them co-conspirators in raising the debt ceiling, how so? absolutely. if your goal is to give them political cover to raise the debt limit and this is politically brilliant. if your goal is to actually reduce the debt. it s a complete sellout. what happens is they vote to hand over, temporarily hand over their power to the president over the debt limit and he has to submit three tranches of debt limit increase and they get to vote to disapprove itten. they ve voted to give the president carte blanche. and then get to vote no three times. brilliant politically and they can go on the campaign ads and say we voted against the debt limit, but gave him the power and hand over the power to do it. ainsley: economically how is it? terrible. nothing to reduce the debt and might attach spending cuts agreed to it, but still more than a trillion dollars more in raising the debt than it would be in reduction. ainsley: who can stop it, can anyone stop it? ....

Debt Ceiling , Debt Limit , Co Conspirators , Debt Limit Increase , Campaign Ads , Carte Blanche , Ainsley Earhart ,

Detailed text transcripts for TV channel - FOXNEWS - 20110717:11:15:00

Political cover to raise the debt limit and this is politically brilliant. if your goal is to actually reduce the debt. it s a complete sellout. what happens is they vote to hand over, temporarily hand over their power to the president over the debt limit and he has to submit three tranches of debt limit increase and they get to vote to disapprove itten. they ve voted to give the president carte blanche. and then get to vote no three times. brilliant politically and they can go on the campaign ads and say we voted against the debt limit, but gave him the power and hand over the power to do it. ainsley: economically how is it? terrible. nothing to reduce the debt and might attach spending cuts agreed to it, but still more than a trillion dollars more in raising the debt than it would be in reduction. ainsley: who can stop it, can anyone stop it? the guy people haven t been talking about, who could stop this is jim demint. if you recall. he supported a lot of ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110714:06:04:00

go, dana. everybody has the same information. one of your favorite liberals, john kerry, they all voted for it. secretary clinton when she was a senator. why don t we take iraq and wmd off the table. whether they did or didn t, a lot has changed. i don t remember any terrorist attacks on american soil after that period of time. we should use this as leverage the social security debate. let s do this. dana pointed out something important. minority leader mitch mcconnell floated an idea and called at it backup plan in case the debt talks break down. the republicans give mr. obama authority the raise the debt ceiling $2.5 trillion in three tranches if he just go ahead and promises to cut spending. by the way, he is not allowed to cross his fingers when he promises. it s risky politics. what he is hoping is that he can put the onus on president ....

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