Page 31 - Debt Clock News Today

read the wall street if you go see fox movies, harper collins, if you watch american idol, youre a rupert murdoch customer. the murdochs both father and son have their work cut out for them. >> they have two different things in their testimony tomorrow. they got acknowledge responsibility. they have to say that what is completely obvious is that this wasnt abe ration, it was apparently thousands of people who were hacked and the idea they didnt know is propest rous. at the some time, t...

allow the president to raise a debt ceiling and avert crisis. a vote on that could happen this week. the fallback plan would likely pass the democrat-controlled senate but face a bigger challenge in the house where republicans hold the majority. lets get the latest with brianna keilar. are we any closer to a deal? >> on a deficit reduction plan, kyra, it doesnt appear so. no announced meetings between the white house and congressional leaders over the weekend, there were staff-level me...

we begin with the resignation of a key executive in the rupert murdoch media empire. rebekah brooks is out. many people were outraged when brooks kept her job after the newspaper was shut down for scandalous reporting tactics. and as brooks steps down, the investigations ramp up. the fbi now investigating the murdoch empire right here in the united states. lawmakers demanding the probe amid reports that murdochs journalists hacked the cell phones of 9/11 victims and their families. sus...

welcome, everybody. it is friday, july 15th. im soledad obrien. 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. lets get right to it. serious new pressure on rupert murdock and his global media empire. the justice department says its 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...

Were looking at the debt clock. who can get their head around that number? its absolutely stunning. john boehner wants to get this debt issue solved in the month of june. i dont know if thats going the happen, but wed like to bring you back because im all curious to know what the biggest challenge is to breakthrough. well see what your solutions are on that next time around. herman cain, thank you. out of atlanta today. >> thanks, bill. bill: the former see i dont --f godfathers pizza. >> ive go...

John: the debt clock is ticking and law makers are preparing for the latest tbalt over ought hot button issue. what can we expect from president obamas big budget meeting? live at the white who is coming up stay with us. with heart-related chest pain or a heart attack known as acs, you may not wanto face the fact that youre at greater risk of a heart attack or stroke. plavix helps protect people with acs against heart attack or stroke: people like you. its one of the most researched prescription...

Debt owed by egypt. he also wants to offer up another $1 billion in new aid. right now, egypt owes the u.s. $3.3 billion. the proposal is raising some eyebrows among lawmakers on both sides of the aisle because our own debt clock as you know is ballooning upwards of $14 trillion. so where will this money come from? stuart varney is host of "varney & company" on the fox business network. stu? >> alisyn? >> explain the shell game. how can we give away $2 billion, when we owe $14 trillion. >> thats...

>> bret: take a look at the debt clock in new york. $14.5 trillion. the national debt. and rising. every minute. officially statutorily the government reached the debt ceiling today, but the treasury department has done a number of things to be able to pay the bills. not default. is default even an option? some say no. what about this back-and-forth about the vote to increase the debt ceiling? back with the panel. charles, there is not a chance that the government is going to default. is there? ...

Then. and creditors will be watching every step of the way. creditors like china, that holds more than $1 trillion worth of u.s. treasuries. and japan. over the years, the u.s. has been forced to raise the debt ceiling 74 times since 1962, to pay for tax cuts, foreign wars and other spending increases. in fiscal year 2000, the debt has tripped since. not defaulting on debt would trigger a spike in borrowing rates and the confidence in the u.s. government to honor obligations. a high-stakes game ...

Later today president obama is expected to visit memphis to meet with officials and speak with families impacted by the flood. now the story continues to move downstream. turning to the economy, americas debt clock is ticking away, expected to reach the 1 3 $14.3 trillion debt ceiling today. the treasury department warns if the debt ceiling is not raised by august, the u.s. will start to default. time geithner warns a default would infact catastrophic far reaching damage on our nations economy...