Page 22 - Jack Cafferty News Today

countrys coveted aaa credit rating could be compromised. the unpresence dented consequences for all of us. and why some lawmakers argue the looming august 2 deadline isnt the armageddon the president says it is. im wolf blitzer. youre in "the situation room." were only five days away from what could lead to unprecedented default in the united states if the political sparring between our elected officials here in washington doesnt stop. and we cant emphasize enough how devastating the r...

on this debate before its too late. and a disturbing new study revealing a widening gap between minorities and the wealthiest americans in the wake of a devastating recession. im wolf blitzer here in the situation room. first to what many say is shaping up to be an economic disaster of nearly unprecedented proportions if congress doesnt break the deadlock and agree on a deal to raise the debt ceiling only six days from now. the white house warning today theres no more wiggle room and b...

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...

you isle ask the former pakistani president musharraf in he knew osama bin laden was hiding in his homeland and if he knows terrorists may be holed up in pakistan right now. im wolf blitzer, youre in "the situation room." first, a powerful reminder today, if they dont reach an agreement in the next 11 days, all hell could brea look. standard & poors is warning the nation could be shoved back into recession very soon after the august 2i deadline passes with the clock ticking and stakes ...

not to waste their time on a symbolic vote due to happen very soon. im woft blitzer here in "the situation room." >> rupert murdoch says this is the most humble day of his life. a titan of news business, he was called on the carpet before the british parliament today over the phone hacking scandal that shocked and afalled the world. along with a son and former chief executive, murdoch was hammered with questions about alleged crimes that brought down his popular tabloid, "the news of t...

grilled and lambasteds by british law makers and now a whistleblower in the growing phone hackl scandal reportedly is dead. and a 77-year-old man defends his home and family from an intruder with a gun. stand by for the dramatic story. thats even more compelling because -- get this -- hes a member of the united states congress. im wolf blitzer. youre in "the situation room." the u.s. defaulting on its debt for the first time in history? we cant state it enough, this has enormous cons...

hammered with angry questions. egyptians take security into their own hands. even some children are armed with illegal guns. the revolution giving way to a wild west mentality. im wolf blitzer. youre in "the situation room." the united states is another day closer to a possible default on its debts. 19 days before the deadline theres no sign that political leaders are any closer to preventen an unprecedented and frightening train wreck. right now members of congress are in the fift...

investigation of rupert murdochs media empire as the company pays a new price for its phone hacking scandal. could a massive probe now under way in britain happen here in the united states? and the obama money-maybing machine. whos behind the cash and can the republicans compete? president obama and the congressional leadership are under enormous pressure right now, about 40 minutes into their latest round of debt crisis talks. they haveless than three weeks until the deadline to rai...

internet analysts are warning that the bad guys are winning. im wolf blitzer. youre in "the situation room." supporters and rivals always knew this day would come, when he kicked off his second presidential campaign. after all, hes pretty much been running since he lost back in 2008. today romney declared that hes ready to take on president obama. >> when barack obama came to office, we wished him well and hoped for the best. now in the third year of his fourth year term or his four-ye...

campaign. im wolf blitzer and youre in "the situation room." but, first, breaking news this hour. congressman anthony weiner flatly denying that he posted a lewd photo on his twitter account but tells me he cant say for sure if the image of a mans underwear is him or not. weiner sat down with me a short while ago up on capitol hill in his office as part of his attempt to move beyond the controversy and his testy exchange with reporters yesterday. heres part one of the interview. >> tha...