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July 30, 2011
having it? >> its not that simple. they have to come up with some compromise, some sort of plan that can pass the senate and go back to the house of representatives and pass there something that the president could sign that would allow the united states to raise the debt ceiling and avert some sort of financial disaster come tuesday. its not simple at all, so they need to work together. the mainstream, main leadership, democrats and republicans, they need to find a way to come up with...
July 30, 2011
for the first time in the history of our country unless there is a compromise or they accept my bill, were headed for economic disaster. its time for republicans to step forward. theres been some movement today. as i indicated on the floor, i was having a meeting in my office this afternoon with some splun and that fell through. as they were walking into a conference, three republican senators said they were interested in my bill, interested in compromise. they need to step forward. ...
July 30, 2011
a string of delays the house narrowly passed speaker john boehners version of a debt reduction bill. >> i stuck my neck out a mile to try this. to get an agreement with the president of the united states. i stuck my neck out a mile. and i put revenues on the table. in order to try this. to come to an agreement to avert us being where we are. a lot of people in this town can never say yes. a lot of people can never say yes. this house has acted. and it is time for the administration and...
July 29, 2011
delayed. police in texas say a muslim american soldier confessed to plotting an attack on ft. hood just two years after a muslim officer shot to death 13 people on that same base. tropical storm don could hit the south texas coast tonight and drought-stricken farmers are welcoming the prospect of up to 7 inches of rain. we begin with that sobering reality check on the debt crisis and just how daunting the challenge has become. in less than four days, the federal government could ru...
July 28, 2011
elected to office, and yet they play worse than 3-year-olds. >> id fire them all. >> what would it take to get a deal done? ill ask the white house and the republicans. plus, what this crisis is already costing you. and adam levine, rock star, maroon 5 front man. hes sold more than 15 million albums. hes conquered tv on his first season of "the voice." >> christina takes things to a whole new level, right? you can level with me. >> i cant on national television. >> but tonight his bigg...
July 28, 2011
hour. the details just coming in. an awol muslim american soldier now in custody in texas found with what the fbi is now saying is a large amount of bomb-making material near ft. hood. barbara starr is all over the story and will join nus a few minutes. first, debt debate but no deal. it all comes down to numbers. i dont mean 13-digit numbers with dollar signs in front of them. i mean this number. take a look here. five days until the treasury says it will run out of borrowed money. fi...
July 27, 2011
why congress may have breathing room when it comes to raising the debt ceiling on this "american morning." and good morning, everyone. it is wednesday, july 27th. this is "american morning." a lot going on today. lets get to it. >> it does feel like dueling bangoes, doesnt it? when you hear both sides of the debate theyre dug in but insist theyre right. >> and a growing number of americans want them not to be. >> they all say god bless america. how we get there is the question. >> tw...
July 26, 2011
for post august 2nd if no plan is agreed to. if the treasury couldnt meet its obligations, a bill being circulated would prioritize payments, social security checks and paychecks for troops. everything else would be covered if possible with cash on hand or put off until we can take on more debt. two main default avoidance plans remain on the table right now. speaker boehners plan would raise the debt ceiling twice, this year and next, with spending cuts now and an election year overhau...
July 26, 2011
>> im christine romans. house speaker john boehner says no way to the presidents plan. he has another solution and its simply says, spend less. >> im ali velshi. congressional websites crash. what president obama said that had a number of websites going off-line. details coming up on this "american morning." thanks for being with us. tuesday, july 26th. welcome to "american morning." we all stayed up later than usual last night to get a chance to hear from the president about this de...
July 26, 2011
blame. the debt crisis, here you go. the deepening stalemate. president obama reaches out to a new player and the game is you. in norway, breiviks father wish his son would have killed himself rather than slaughter dozens of people. bp has a big turnaround. the company raked in more than $22 billion in profits for the quarter! the debt, minute-by-minute, the nation inches closer to the brink of twault. the countdown less than seven full days before the federal government runs o...