Tuesday, July 3, 2012

Schiff discusses the ongoing debt limit negotiations on Fox News America's Newsroom

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ALISYN CAMEROTA, FOX NEWS ANCHOR: The battle over the debt crisis ping- pongs back and forth this weekend, and the clock of course is ticking to a deadline. Both sides are now working on separate plans after failing to find common ground over the weekend. House Speaker John Boehner, appearing exclusively on "FOX NEWS SUNDAY" yesterday, says any thoughts of going back to the Obama administration's grand bargain might be a nonstarter. (BEGIN VIDEO CLIP) REP. JOHN A. BOEHNER, R-OHIO, SPEAKER OF THE HOUSE: It may be pretty hard to put Humpty-Dumpty back together again but my last offer is still out there. (END OF VIDEO CLIP) CAMEROTA: At FOX News, you know, we keep our coverage fair and balanced. Last hour we spoke with Republican Ron Johnson. Here for the other side is California Congressman Adam Schiff. Good morning, Mr. Schiff. Thanks for being here. REP. ADAM SCHIFF, D-CALIFORNIA: Good morning. CAMEROTA: OK. SCHIFF: Thank you. CAMEROTA: We're eight days away. Where are we at this hour with some sort of deal? SCHIFF: Well, it's not very encouraging. I don't like the fact that you have the Republican leadership and the House working on its own idea, the Senate leadership working on its own idea, because at the end of the day a party line approach is not going to work. It's got to get through both Houses. So I'm very concerned after the breakdown this weekend. We have to avoid defaulting on our debt. Our top priority really has to be the American economy and what can we do ...
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