Page 22 - August 2 News Today

and travelers squashed by major airlines. >> but first, to the desperate race against the clock to secure what president obama is calling americas national credit card. the country could face unprecedented default if congress is unable to agree on a deal to raise the nations debt ceiling. failure to do so could downgrade americas debt rating and could be extremely damaging for global economy purposes. lets get all the angles. weve just learned the president will be addressing the natio...

do. nobody can get the support to get one of those through. do we have to look for just the possible? >> i think mission number one is to raise the debt ceiling. they cannot get away without doing that. saying theyre going to downgrade you. but they left a bit of an out. if you raise the ceiling but give indication youre on the road to getting a deal, well keep you on credit watch negative but take you off and affirm your aaa rating if you get it done within a couple of months if we se...

was declared dead at the scene. alan duke is a cnn entertainment producer, so any more now on the details surrounding her death? >> reporter: in the last hour we have gotten official confirmation from her publicist who says that she has died, issuing a statement to cnn. note nothing about what she died in, what killed her is unexplained according to london officials earlier in the investigation. it was only this afternoon in her apartment where her body was found. it was two months ago...

jeanne, first question, is it time to simply say, lets go for the possible in washington? everybody has grand ideas about what they want to do. nobody, nobody can get the support to get one of those through. do we have to look for just the possible? >> i think the mission of everyone in congress is to absolutely raise the debt ceiling. they cannot get away without doing that. the s&p has been the strongest credit rating agency. they said, were going to downgrade you if you dont come up...

Weaken, reduce, or not continue the 2001-2003 bush tax cuts. rumors swept the capital this morning that the president and speaker of the house were close to an agreement on a deal, a deal that sent waves of panic through washington. democrats and republicans, who assumed their side must have given up too much. in order to strike such a deal. faced with a possible muteiny in his caucus, speak are boehner used a method that no speaker has used before to calm his troops. he tweeted. one word. fal...

and good morning to you. boy, the temperatures, top story again. >> wow. >> sizzling heat, and most of the country right now is dealing with triple digits or at least feeling like triple digits. >> as weve been saying, not just uncomfortable, dangerous and deadly. welcome. friday, july 22nd. lets get right to it. intensely hot against across a huge portion of the country. it started in the midwest, its come heeft. washington, the high, 103 today but its going to feel like 115 with the ...

one republican plan gets a firm smackdown in the u.s. senate. and some surprising new movement in the republican presidential race. were going to tell you whos suddenly making a strong impression on potential voters. im wolf blitzer in "the situation room." the breaking news this hour, a city known for peace making is reeling in terror. norwegian leaders holding a crisis meeting tonight after a deadly bomb attack in oslo and the shooting at a labor party youth camp outside the norwegia...

police are urging folks to stay off their cell phones just in order to keep those networks free so some of the people in the area can call their loved ones, call their family, tell them theyre okay. but on top of all this, a person dressed up as a policeman walked into this youth camp attended by 700 people and just opened fire. everything is unfolding as we speak. i want to go to nima. bring us up to speed as far as whats happened. does the number seven fatalities, does that number ev...

The first rainbow/sunshine problem is logistical. based on the gigantic slope of the legislation, the people in charge say regardless of the substance of the proposal, its too big. there is no time to get something this big done before the august 2 deadline. it literally cannot be passed through the senate in time even if everybody likes it. the other rainbow/sunshine problem here is the president and the senate agreeing on this or anything doesnt get you further towards raising the debt ceiling...

Reports about what is in it. they are trying and putting forward a proposal but we will vote this week on a cut, cap and balance proposal which i think represents the best opportunity to really address in a meaningful way the need to reduce spending, reform spending and get this runaway debt under control. >> greta: and with a little sarcasm in my voice they will send it to the drafters and it will be 2800-pages and nobody will read it and vote on it, right? >> between now and the deadline, augu...