Page 19 - Debt Issue News Today

400-plus-point gain was a blip or perhaps a building block. well, sadly, we got a decisive answer today, the dow industrial average plunged 520 points, 4.6% amid jitters about europes debt crisis and growing resignation that the long-term prospects for growth here in the united states are bleak. alison kosik watched the massive selloff up close. >> john, we had yet another brutal session here on wall street today. you know, theres a lot of uncertainty about the economic outlook here in...

saying hell fight for tax increases as the deficit spending debate enters its next chapter. a powerful new special congressional committee charged with finding an additional $1.5 trillion in savings over the next decade. the low-key signing ceremony at the white house came two hours after a 74-26 senate vote that sent the compromise plan from capitol hill to 1600 pennsylvania back after weeks of partisan sniping and jockeying in washington that we know leftmost of you disgusted. a new ...

9:00 am on the east coast, 6:00 am out west. marathon talks lead to a new debt deal. at least in theory. the president backs it. so do leaders of both parties. still, no reason to celebrate just yet. in syria, a violent crackdown on anti-government protests. more than 7 0 people killed and counting. and new this morning, a big change to health coverage. the federal government will require insurers who provide birth control without co-payments. now, in just a few hours, we could s...

trillion in cuts over ten years, raises the debt ceiling about about the same amount, sets up a bipartisan committee to find other ways to trim another trillion and change from the deficit. think of it as a deficit posse. it calls for both chamber of commerce eventually to pass a balanced budget amendment to the constitution. they dont actually have to pass it, they just have to vote on it. and the president and house speaker admit that the plan is not perfect, but hey, theres a deadli...

could it still fall apart? we want to welcome our viewers in the united states and around the world. im wolf blitzer. youre in "the situation room". its been a day of dramatic changes in washingtons debt crisis. within the past few hours capitol hills angry partisanship gave way to serious negotiations, and then to predictions of an agreement within the very near future, one top republican, the senator minority leader mitch mcconnell declared and im quoting, hes confident and optimisti...

here is the current u.s. debt ceiling. it 14i$14.3 trillion. we hit it in may. if they dont comeup with a dee. they have a scheduled meeting in about five hours. listen to how far republicans, other republicans and democrats are. this is from "anderson cooper 360" late last night. first majority whip steny hoyer. >> even within their own party, it is deeply divided party, divided against their leadership, angry at their leadership, and a party that has divided itself, has difficulty wo...

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...

getting the mage? weve got new polling that says all of that. and this is important. recent polling may also explain why we havent got an deal yet. well tell you what were talking about. in any case, americans are speaking out today. >> good morning, speaker boehners office. how may i help you? >> a summer avalanche of phone calls hitting the capitol. president obama asked for it in his address to the nation last night. here it is. house switchboard today getting nearly double the volu...

getting the mage? weve got new polling that says all of that. and this is important. recent polling may also explain why we havent got an deal yet. well tell you what were talking about. in any case, americans are speaking out today. >> good morning, speaker boehners office. how may i help you? >> a summer avalanche of phone calls hitting the capitol. president obama asked for it in his address to the nation last night. here it is. house switchboard today getting nearly double the volu...

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...