no agreement. nor is there an agreement on a house republican push for a much smaller plan made up of spending cuts alone. if all else fails, we may end up with an idea floated by the top senate republican, mitch mcconnell. we laid it out for you. three separate votes between now and the next elections to raise the nation s debt by $2.5 trillion, and there would be $1 trillion in spending cuts and a special congressional panel to shore up entitlements, and the up side supposedly for republicans is keeping the issue alive for another year and blaming the president, who, by the way, is not ruling it out. it s constructive to say if washington operates as usual and cannot get anything done, let s at least avert armageddon. that s i m glad that people are serious about the consequences of default. i want to bring in my colleagues from the white house. dan, to you first. the president says the negotiations have not been ugly, as some have claimed, and he still has hope for a
the deficit and raise the debt ceiling. meanwhi meanwhile, the specter of default comes ever closer. frankly, it s the tone of these debates that has a lot of people scared and this is a guy who s scaring a lot of folks tonight. congressman joe walsh, republican from illinois, a freshman backed by the tea party. he s been known to say blunt things when criticizing president obama. these comments might just take the cake. i want to show you a video congressman walsh shot and posted to his website yesterday. president obama, quit lying. you know darn well if august 2nd comes and goes, there s plenty of money to pay off our debt and cover all of our social security obligations. i know you have a willing media that protects everything you say and do. but have you no shame, sir? in three short years, you ve bankrupted this country and destroyed job creation. you re with ee ee eer either in your head, you don t understand what makes this country great, or you re hell-bent in turn
opportunity to do something big. we have a chance to stabilize america s finances for a decade, for 15 years or 20 years. if we re willing to seize the moment. what that would require would be some shared sacrifice and a balanced approach that says we re going to make significant cuts in domestic spending. and i have already said i m willing to take down domestic spending to the lowest percentage of our overall economy since dwight eisenhower. it also requires cuts in defense spending. and i ve said that in addition to the $400 billion that we ve already cut from defense spending we re willing to look for hundreds of billions more. it would require us taking on health care spending. and that includes looking at medicare and finding ways that we can stabilize the system so that it is available not just for this generation but for future generations. and it would require revenues. it would require, even as we re asking the person who needs a student loan or the senior citizen o
welcome, everybody. it is friday, july 15th. i m soledad o brien. you are watching snoonk kiran is off, christine is off, welcome soledad. good to see you. thank you. we have a lot to do today. let s get right to it. serious new pressure on rupert murdock and his global media empire. the justice department says it s now investigating the claims that one of its tabloids tried to hack 9/11 victims phones. a report in another british tabloid, the mirror quoting a source who says news of the world, the newspaper which folded under the pressure of the hacking scandal, hired an investigator to try to tap the phones. now lawmakers, law enforcement, and 9/11 families are all demanding the truth. susan candiotti following the latest for us on this and breaking, one casualty of the news international, rebekah brooks has resigned. the question is, does this mean that the walls are crumbling at news corp. it s too early to say, bulls this is a crack in the wall. she was a prot
i tell him? sure. it is june 18th. june the 18 pth this year, saturday. sadly, we know how that worked out. hef breaks his silence on the runaway bride. and he ll be introducing me to his new loves. this is piers morgan tonight. casey anthony will be a free woman in days. sunday she ll be released after being found not guilty in the death of her 2-year-old daughter caylee. joining me now is the woman who was at her side throughout that infamous trial. attorney dorothy clay simms. when i say infamous, it s attracting so much attention. so much speculation. and as you will be very aware, a lot of negativity towards your client. what was your overview? were you even remotely surprised at the verdict? well, i feared for the worst and hoped for the best. that was how i went into the courtroom when we were told it was time for the verdict to be read. there were a lot of emotions that were washing over me at that time. i can t even begin to explain. overwhelming gratitud