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July 30, 2011
for the first time in the history of our country unless there is a compromise or they accept my bill, were headed for economic disaster. its time for republicans to step forward. theres been some movement today. as i indicated on the floor, i was having a meeting in my office this afternoon with some splun and that fell through. as they were walking into a conference, three republican senators said they were interested in my bill, interested in compromise. they need to step forward. ...
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 29, 2011
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 coming from tea party supporters, raw, open, direct rebellion. >> we want to make sure we never get here again. i want to support something that makes sure we never get here again. >> the deal that is on the table makes the hole deeper. and so dont -- you shouldnt expect people who belie...
July 29, 2011
hands. >> keep in mind, this is not a situation where the two parties are miles apart. were in rough agreement about how much spending can be cut responsibly as a first step towards reducing our deficit. we agree on a process where the next step is a debate in the coming months on tax reform and entitlement reform, and i am willing and ready to have that debate. if we need to put in place an enforcement mechanism to hold us accountable for making the reforms, i will support that too if...
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
there are signs of deep trouble in the house of representatives. speaker john boehner is trying to rally enough votes for the debt crisis. his republicans in the red hold a substantial majority. at least 60 of their members shown here in yellow are affiliated with the tea party. they are pushing against a compromise with the democrats over here. they appear to have risen in revolt, once again. how many? we dont know. the speaker has to bring roughly two-thirds of them into his camp if ...
July 29, 2011
no more tricks. no more accounting gimmicks. no more broken promises. >> tonight, the white house, the right, the left and the clock. countdown to crisis. >> we are four days away from one of the worst financial catastrophes that could face this country. >> this is "piers morgan tonight." good evening. chaos on capitol hill tonight. john boehners debt plan is stalled in the house without support from his caucus. this country is moving closer and closer to an almost unthinkable nation...
July 28, 2011
could make or break the debt crisis and i know youre saying ive heard this before. but here is the deal today. lawmakers are not mincing words. less than five days to raise the debt ceiling or risk defaulting on government bills. today the house is due to vote on speaker john boehners plan. as his own party holds the majority of votes he is really getting frustrated with the divisions that threaten its passage. in a closed door meeting, boehner actually told the feuding republicans, qu...
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
elected to office, and yet they play worse than 3-year-olds. >> id fire them all. >> what would it take to get a deal done? ill ask the white house and the republicans. plus, what this crisis is already costing you. and adam levine, rock star, maroon 5 front man. hes sold more than 15 million albums. hes conquered tv on his first season of "the voice." >> christina takes things to a whole new level, right? you can level with me. >> i cant on national television. >> but tonight his bigg...