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can and we will hope for the best as mom likes to say. >> we will be covering this very, very closely. as we always do at cnn. in fact, jim acosta takes over our coverage right now in the "cnn newsroom." jim, take it away. >> thanks, guys, very much. good morning, everybody. it is almost here. hurricane irene is curving closer and closer to tens of millions of people. waves and wind already kicking up and the first rains will soak the southeast today. this is a big storm. hundreds of m...

cnn that the texas governor will throw his cowboy hat into the ring, if you will excuse me me on saturday at red state conference in south carolina. his speech is expected to focus heavily on the texas economy, half of the jobs created in this country. the perry people will point out in the last two years, were in texas. republicans are going to point to that as a success story. democrats say, not so fast. most of those jobs are low-wage jobs. the democratic source told me earlier toda...

talking about cuts and specifically whats handed to em because of the debt ceiling deal reached earlier this week. initially they know they have to cut 350 million which more or less they are okay with and wont necessarily sacrifice our national security, but where the big question mark comes is if that committee can not decide on how they will make those additional cuts to equal around or about $1.2 trillion, they will have to cut hundreds of billions, 500 billion, 600 billion, 700 bi...

and the emotional moment everybody is still talking about. tonight, the astonishing, unexpected return of gabby giffords. ill ask her best friend in congress whats next. >> gabby melted everybodys heart last night. >> and glenn beck said he also could be assassinated because of what he wrote in his last book. so whats he written now? ill ask him. this is "piers morgan tonight." good evening. president obama signs the debt deal. the country dodges a bullet avoiding the frightening spect...

>> could i just add? could i just add? i think we all know that if the president decides to reach an agreement with us, the democrats most of them will fall in line. he is the leader of the democratic party, he is the president of the united states. he needs to indicate what he will sign and we are in those discussions now. >> reporter: something by monday, is that a firm deadline including the markets? >> im not going to put it to any deadlines, but it should be clear to you that sena...

kate bolduan has the story. also tonight, ari fleischer and james carville get in a heated exchange. john mccain today snacking down fellow republicans. hes providing a reality check and so are the financial markets. the dow industrials today dropping nearly 200 points, making it four losing days in a row. the nasdaq and s & p down even more sharply. now, anyone with a 401 k has got to be worried at this point and watching this closely or should be. but assume for a minute that washing...

im don lemon. youre in the "cnn newsroom." if you werent paying close attention to the deficit and the debt ceiling talks in washington, you really need to now. a sunday filled with tv talking points face-to-face meetings and party conference calls brought the debt ceiling debate back to the very beginning. a little stalemate tonight and traders worldwide are surely taking notice, several overseas markets have opened lower in monday trading and the u.s. stock futures and trending -- ...

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effectively will not affect my ability to serve as commander in chief. >> dr. sanjay gupta will join us for a reality check. but up first, live action in the house of representatives and how it impacts a search for a deal to keep the government from a default most economist say could derail the already fragile recovery. this hour you see right there live debate. the house is expected by the end of this hour to pass the republican majoritys cut, cap and balance plan. it would cut fede...