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July 30, 2011
ridiculist tonight. breaking news everyone. tonight right now in that building over on the senate side according to democrat harry reid who spoke last hour, nothing is going on. the senate is now adjourned. but the clock is still ticking and the government is running out of money to pay the bills at this moment because the debt limit was not raised back in may, the united states treasury has less cash on hand than apple computer. on wednesday the government will have $23 billion in s...
July 30, 2011
a string of delays the house narrowly passed speaker john boehners version of a debt reduction bill. >> i stuck my neck out a mile to try this. to get an agreement with the president of the united states. i stuck my neck out a mile. and i put revenues on the table. in order to try this. to come to an agreement to avert us being where we are. a lot of people in this town can never say yes. a lot of people can never say yes. this house has acted. and it is time for the administration and...
July 30, 2011
anything quite like this. let me explain what you are looking at. thats a plexiglass pontiac. it was built for the 1939 new york worlds fair. its being auctioned today and expected to sell for about $275,000. and from the cnn center in atlanta, georgia, this is your cnn saturday morning. glad you could spend some time here with us. im t.j. holmes. well, you know the story by now. the worlds biggest economy is on the brink of possible default. we are all watching and waiting as the fi...
July 29, 2011
already for so many people. so its unbelievable. we just dont know. were at a point where there is a lot of concern because it is so uncertain. and people are following it, theyre talking about it. >> and theyll be doing that for the next two hours. hope fly well have something by the beginning of next week. live from studio 7, want to get you up to speed for this friday, july 29th. were will thalmost out of time. those words from president obama. the deadline for raising the country...
July 29, 2011
marketsite. "american morning" starts right now. >> no vote on the debt plan again. im christine romans. as the u.s. economy lurches closer to a financial crisis, the political crisis continues. house speaker john boehner calls off a vote, unable to convince hardline conservatives in his party to sign on to his plan. >> im kiran chetry. more than 90% of texas is now in extreme drought. the state could sure use a lot of rain and now tropical storm don is expected to make landfall along ...
July 29, 2011
to send it to the senate where it can receive action. >> well, the vote was scheduled for yesterday, rescheduled for early this evening and then put on hold again so the leadership could wrangle votes. theyre going that literally as we speak. still promising a vote sometime tonight. well be live when it hams. yesterday speaker boehner told the troops to "get their asses in line". apparently not enough republicans have, and now his credibility is on the line. most of the opposition comi...
July 29, 2011
really arent too terribly far apart and the deal can be done by the august 2nd, tuesday deadline. lets listen to the president, this is when he spoke around 10:30 this morning. lets listen. >> good morning, everybody. i want to speak about the ongoing and increasingly urgent efforts to avoid default and reduce our deficit. right now, the house of representatives is still trying to pass a bill that the majority of republicans and democrats in the senate have already said they wont vote ...
July 28, 2011
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...
July 28, 2011
good morning. great to see you this morning. thursday, july 28. this is "american morning." advice teen out. we know yesterday a little stuffy. >> she sounded. >> it she is getting better hopefully at home today. a lot going on. >> imagine what our lead story is now? its the debt. the republicans are scrambling to line up house votes to stave off a potential first ever default of u.s. debt. the deadline, you know, this, august 2 now less than five days away. the house is expected to vo...
July 28, 2011
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...