Detailed text transcripts for TV channel - FOXNEWS - 20110719:00:01:00
>> bill: hi, i'm bill o'reilly. thanks for watching us tonight. the future of the country hangs on the debt debate. that is the subject of this evening's talking points memo. on paper, the debt thing is boring. and many americans aren't paying attention. but the controversy will define the future of the u.s.a. on one side, president obama, the democratic party, want america to become an entitlement state that compels social justice. financially supporting americans who can't o. won't support themselves. >> on the other side, republicans want a lean mean economic machine. the g.o.p. doesn't muc...